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 JSS  Vol.2 No.7 , July 2014
Redundancy of Moment Conditions for Linear Transformation of Parameters
Heather Bednarek, Hailong Qian*
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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).
Keywords: GMM Estimation, Moment Conditions, Redundancy, Partial Redundancy
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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