Introduction to Econometrics (Paperback)

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Editorial Reviews

Review

"At last an econometrician aware of the robust finding that not every student who needs or wants to take econometrics is a math genius."--Robert Rycroft, Mary Washington College

"A fine textbook which may be used in an undergraduate econometrics course at any school. Fills an important gap in that it presents an elementary and highly readable discussion of most topics along with Monte Carlo experiments and data applications."--Sunil Sapra, California State University

"An excellent introduction to econometrics. Ideas are very well motivated. Very intuitive approach. Good mix of theory and examples. The best of the growing bunch of undergraduate econometric texts."--Gary D. Ferrier, University of Arkansas

"Without sacrificing technical rigor, Dougherty's text provides more intuition to what econometrics does than any other currently available."--Bill Herrin, University of the Pacific

"Clear organization...well written."--Paul Rappaport, Temple University

"This book takes econometric training one giant step in the right direction toward real applied research."--Edward e. Leamer, University of California, Los Angeles --This text refers to the Hardcover edition.

Product Description

Introduction to Econometrics,2/e offers a step-by-step introductory guide to the core areas of econometrics. Accessible to readers with limited mathematical backgrounds, the book provides an analytical and an intuitive understanding of the classical linear regression model. This new edition has been substantially updated and revised with the inclusion of new material on specification tests, binary choice models, tobit analysis, sample selection bias, nonstationary time series, and unit root tests and cointegration.

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Product Details

• Paperback: 368 pages
• Publisher: Oxford University Press, USA; 2 edition (March 21, 2002)
• Language: English
• ISBN-10: 0198776438
• ISBN-13: 978-0198776437
• Product Dimensions: 9.6 x 7.4 x 1 inches
• Shipping Weight: 1.8 pounds (View shipping rates and policies)
• Average Customer Review: 4.8 out of 5 stars  See all reviews (5 customer reviews)
• Amazon.com Sales Rank: #1,389,836 in Books (See Bestsellers in Books)

Customer Reviews

Most Helpful Customer Reviews

9 of 10 people found the following review helpful:

5.0 out of 5 stars A terrific book., January 17, 2000

By	James Dundas (Cambridge, England) - See all my reviews

This review is from: Introduction to Econometrics (Book and 2 Disks) (Hardcover)

An excellent guide to someone starting out on an econometrics courese at university level. It really cuts through all the mathematical jargon that is usually found in books of this type and leaves the reader with a real understanding of the subject.

4 of 4 people found the following review helpful:

5.0 out of 5 stars Best introductory book, December 4, 2005

By	M Gemmill-Toyama ""Author in the making"" - See all my reviews

Although I have taken numerous courses in statistics, I have sometimes struggled to fully understand some of the key concepts in Econometrics. I finally decided to start from the beginning, and I read this book cover to cover. This text has made a world of difference for me as I am now able to pick up the standard Econometrics texts (Maddala, Woolridge, Greene, etc) and better understand more complex models. Another advantage of this text is that Dougherty uses Stata output and offers explanations on interpreting the output. This is a must read for anyone wanting a straightforward presentation of basic Econometrics.

5 of 6 people found the following review helpful:

5.0 out of 5 stars One of a kind!!!, June 19, 2005

By	Sara Rehman (London, UK) - See all my reviews (REAL NAME)

My Amazon.co.uk review:

Whether or not you are an undergraduate at the LSE taking the introductory course on Econometrics (the author of the book is the lecturer of that course at the LSE), this book will be of interest to you if you'd like an introduction to Econometrics. It takes you from a very basic understanding of statistics right through to how to deal with non-stationary time series. In between it covers topics such as simple and multiple regression, problems with multicollinearity and misspecifications (e.g. omitted variable bias), heteroscedasticity, proxy variables and instrumental variables, simultaenous equation bias and time series. The book also gives you a basic understanding of how to use logit and probit analysis when fitting binary choice models. After having read the book you should be able to understand violations of Gauss-Markov conditions and know how to deal with them.
Dougherty has succeeded to make this book easy to understand for any undergraduate seeking knowledge in this topic. I find the detailed worked examples especially helpful for when it comes to solving practical problems for which the book mainly considers the use of Stata and EView. The book also has a lot of exercises that help enhance the student's understanding of the topics. Additionally, Dougherty has compiled a course guide that among other things also goes through some of the exercises in the book. The course guide can be found on his webpage at the LSE in addition to all slide shows corresponding to the chapters of the book. Together with these additional course materials, the book makes the topics very easy to understand and cope with for students and should help them do well in their courses on Econometrics. This is really one of a kind and an extremely useful basis for further studies in Econometrics!!