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Redundancy of Moment Conditions for Linear Transformation of Parameters

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DOI: 10.4236/jss.2014.27004    3,028 Downloads   3,502 Views  

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).

Conflicts of Interest

The authors declare no conflicts of interest.

Cite this paper

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.

References

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