What would you do if you had to choose between a model that satisfies all statistical criteria

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What would you do if you had to choose between a model that satisfies all statistical criteria but does not satisfy economic theory and a model that fits established economic theory but does not fit many statistical criteria?
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Essentials of Econometrics

ISBN: 978-0073375847

4th edition

Authors: Damodar Gujarati, Dawn Porter

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