answersLogoWhite

0

IV estimates are typically larger than OLS estimates in econometric analysis because IV estimation corrects for endogeneity bias by using instrumental variables to isolate the causal relationship between the independent and dependent variables. This correction often results in larger estimates compared to OLS, which may be biased due to endogeneity issues.

User Avatar

AnswerBot

6mo ago

What else can I help you with?

Continue Learning about Economics

What is External context for strategy and firm performance?

In order to understand the threats and opportunities facing an organization, you need a thorough understanding of its external context, including not only its industry, but the larger environment in which it operates. The proper analysis of the external context, together with the firm-level analysis you learned in Chapter 3 (e.g., VRINE, value-chain), allow you to complete a rigorous analysis of a firm and its options. You could say that with these tools you can now perform a thorough and systematic (rather than intuitive) SWOT analysis; that is, an assessment of a firm's strengths, weaknesses, opportunities, and threats.


What is an index purpose?

An index serves as a reference tool that organizes and summarizes information, making it easier to locate specific data within a larger body of work, such as books or databases. It typically lists keywords or topics along with corresponding page numbers or sections. In finance, an index tracks the performance of a group of assets, providing a benchmark for investment returns. Overall, its primary purpose is to enhance efficiency in information retrieval and analysis.


Why are DVDs sold in larger packages than CDs although the discs are the same size?

Typically, they aren't. However, the DVD cases used by the entertainment industry are simply a choice they made, probably based on the desire to include booklets, have larger art, etc.


Ask us of the following best explains why wholesalers can offer lower prices to larger customers?

Wholesalers can offer lower prices to larger customers primarily due to economies of scale, which allow them to reduce costs per unit as they sell in bulk. Additionally, larger customers typically place higher volume orders, leading to reduced shipping and handling expenses. This enables wholesalers to negotiate better terms with suppliers and pass on the savings to their larger clients, making it more cost-effective for both parties.


How much does a dairy farmer make on milk sold?

A dairy farmer makes very little on milk sold, if he sells it to a larger company. Typically the farmer will get about 10% of the retail value of the milk.

Related Questions

When designing an experiment a benefit of larger sample sizes would be more?

Accurate estimates of various statistics.


What is the description of secondary analysis?

Data that has already been gathered from a larger population.


What best describes secondary analysis?

data that has already been gathered from a larger population


What role does the PCR play in the analysis of eDNA?

It generates larger amounts of dna from tiny amounts


Choose the definition that fits this term.secondary analysis?

data that has already been gathered from a larger population


Definition of subregion?

A subregion is a smaller geographic area within a larger region that is typically characterized by distinct features or boundaries. It is often differentiated from surrounding areas based on specific factors such as culture, climate, or geography. Subregions can help further classify and study larger geographic areas for analysis and research purposes.


What is bigger than macro?

In the context of scale, "mega" is often considered larger than "macro," as it typically denotes a factor of one million. In terms of scientific terminology, "giga" (billion) and "tera" (trillion) represent even larger scales. Additionally, in the context of economics or systems thinking, concepts like "meta" or "ultra" might suggest broader frameworks or larger systems beyond macro-level analysis.


The biopsychosocial approach provides an understanding of framework social-cultural influences integrated within the larger?

Multiple levels of analysis.


What is sociagram?

"Sociagram" typically refers to a visual representation of social relationships or networks. It is often used in sociology and social network analysis to map out connections between individuals or groups within a larger social context. These diagrams help identify patterns of interaction and influence.


Is little rock AR a larger city than Shreveport?

Little Rock, Arkansas, has a larger population than Shreveport, Louisiana. As of the latest estimates, Little Rock's population is around 200,000, while Shreveport's population is approximately 190,000. Additionally, Little Rock covers a larger area than Shreveport. Therefore, in terms of both population and size, Little Rock is larger than Shreveport.


How much did homo erectus weigh?

Homo erectus is estimated to have weighed between 88-150 pounds (40-68 kilograms) on average, with males typically being larger and heavier than females. These estimates are based on fossil remains and comparisons to modern humans and other hominid species.


Are male tigers larger than females?

Typically, yes.