The Coefficient of the Whole Is an Average of the Coefficients of Its Parts : A Special Case of Restricted Least Squares

This paper provides a consistent estimate of the bound of the marginal effect of an unobserved right-hand side variable on the dependent variable when only the sum of that variable with a positively correlated variable is available.

Bibliographic Details
Main Author: Kee, Hiau Looi
Format: Journal Article
Language:EN
Published: 2012
Subjects:
Online Access:http://hdl.handle.net/10986/5898
Description
Summary:This paper provides a consistent estimate of the bound of the marginal effect of an unobserved right-hand side variable on the dependent variable when only the sum of that variable with a positively correlated variable is available.