In the presence of AR(1) autocorrelation, what is the method of estimation that will produce BLUE estimators?

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In the presence of AR(1) autocorrelation, what is the method of estimation that will produce BLUE estimators? Outline the steps involved in implementing this method.

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Essentials of Econometrics

ISBN: 978-0073375847

4th edition

Authors: Damodar Gujarati, Dawn Porter

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Question Posted: Apr 12, 2016 07:33 AM

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In the presence of AR(1) autocorrelation, what is the method of estimation that will produce BLUE estimators?

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The method of generalized difference equation will produce ...View the full answer

Essentials of Econometrics

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