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- W157025258 abstract "Suppose that a researcher believes that two variables simultaneously determine each other. For example, a scholar of American politics may hypothesize that incumbent spending, in a campaign, is a function of challenger spending and simultaneously, challenger spending is a function of incumbent spending. A scholar of international relations may hypothesize that trade is a function of conflict and simultaneously, conflict is a function of trade. Finally, a comparativist may hypothesize that economic development is a function of democracy and simultaneously, democracy is a function of economic development. All these hypotheses share the common feature that the variables of interest are simultaneously determined. For example, challenger spending leads to changes in incumbent spending which in turn leads to changes in challenger spending which then leads to a change in incumbent spending, etc... The question becomes can such models be estimated using typical statistical procedures? If not, why not and what estimation methods can and should be used?" @default.
- W157025258 created "2016-06-24" @default.
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- W157025258 date "2003-01-01" @default.
- W157025258 modified "2023-09-26" @default.
- W157025258 title "Simultaneous Equations Models: what are they and how are they estimated" @default.
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