Redundancy of Moment Conditions for Linear Transformation of Parameters ()
Abstract
In this paper, we consider the redundancy
of an extra set of moment conditions, given an initial set of moment conditions,
for the efficient estimation of an arbitrary linear transformation of an
original parameter vector. The redundancy condition derived in the current
paper unifies the full and partial redundancy of moment conditions of Breusch,
Qian, Schmidt and Wyhowski (Journal of Econometrics, 1999).
Share and Cite:
Bednarek, H. and Qian, H. (2014) Redundancy of Moment Conditions for Linear Transformation of Parameters.
Open Journal of Social Sciences,
2, 19-24. doi:
10.4236/jss.2014.27004.
Conflicts of Interest
The authors declare no conflicts of interest.
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