Studies in Applied Econometrics
This book reports new developments in applied econometrics. All papers originated in two international workshops that were organized in the University of Munich on July 6-7, 1989, and on January 11 - 12, 1990. Financial support for these conferences by th
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Contributions to Economics Albrecht Ritschl Prices and Production - Elements of a System - Theoretic Perspective 1989. 159pp. Softcover DM 59,-. ISBN 3-7908-0429-0 Arnulf Griibler The Rise and Fall of Infrastructures - Dynamics of Evolution and Technological Change in Transport1990. 305pp. Softcover DM 85,ISBN 3-7908-0479-7 Peter R. Haiss Cultural InRuences on Strategic Planning 1990. 188pp. Softcover DM 65,ISBN 3-7908-0481-9 Manfred Kremer/Marion Weber (Eds.) Transfonning Economic Systems: The Case of Poland 1992. 179pp. Softcover DM 69,ISBN 3-7908-91415-3 Marcel F. van Marion Liberal Trade and Japan 1993. 298pp. Softcover DM 90,ISBN 3-7908-0699-4 Michael Carlberg Open Economy Dynamics 1993. 203 pp. Softcover DM 75,ISBN 3-7908-0708-7
Hans SchneeweiB Klaus F. Zimmermann (Eds.)
Studies in Applied Econometrics With 1 Figure
Physica-Verlag A Springer-Verlag Company
Series Editor Wemer A. MUller Peter Schuster Editors Professor Dr. Hans SchneeweiB University of Munich AkademiestraBe 111 0-80799 MUnchen, Germany
Professor Dr. Klaus F. Zimmermann SELAPO, University of Munich LudwigstraBe 28 RG 0-80539 MUnchen, Germany
ISBN 978-3-7908-0716-5 ISBN 978-3-642-51514-9 (eBook) DOI 10.1007/978-3-642-51514-9 CIP-Titelaufnahme der Deutschen Bibliothek Studies in applied econometrics / Hans Schneeweiss; Klaus F. Zimmermann (Eds.). - Heidelberg: Physica-Verl., 1993 (Contributions to economics) NE: Schneeweiss, Hans [Hrsg.) This work is subject to copyright. All rights are reserved, whether the whole or part of the material is concerned, specifically the rights of translation, reprinting, reuse of illustration, recitation, broadcasting, reproduction on microfilms or in other ways, and storage in data banks. Duplication of this publication or parts thereof is only permitted under the provisions of the German Copyright Law of September 9,1965, in its version of June 24, 1985, and a copyright fee must always be paid. Violations fall under the prosecution act of the German Copyright Law. © Physica-Verlag Heidelberg 1993 The use of registered names, trademarks, etc. in this publication does not imply, even in the absence of a specific statement, that such names are exempt from the relevant protective laws and regulations and therefore free for general use.
710017130-543210 - Printed on acid-free paper
Contents Hans SOINEEWElB and Klaus F. ZIMMfRMANN Introduction
1
Part I: Methodological Developments Martin KUKUK and Gerd RONNING Ordinal Variables in Microeconometric Models
7
Klaus F. ZIMMfRMANN Goodness of Fit in Qualitative Choice Models: Review and Evaluation
25
Helmut L'OTKEPoHL Testing for Causation Between Two Variables in Higher-Dimensional VAR Models
75
Hans SOINEEWElB The Reduced Form of Recursive Models: Asymptotic Properties
92
Part II: Economic Applications Christoph M. SCHMIDT Testing the Stationary Search Model
119
Gebhard FLAIG and Viktor STEINER Markup Differentials, Cost Flexibility, and Capacity Utilization in West-German Manufacturing
150
Franz C. PALM and Gerard A. PFANN Empirical Analysis of
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