Information-rich expressions for model selection criteria

Author: Fox K. J.

Source: Applied Economics Letters, Volume 7, Number 1, 1 January 2000 , pp. 59-62(4)

Publisher: Routledge, part of the Taylor & Francis Group

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Abstract:

While many model selection criteria have been suggested over the last thirty years, applied researchers still rely on R2 and R2 to a surprising degree. It is suggested that this is mainly due to the extra informational content of these criteria compared to other alternatives. Expressions for other (superior) criteria are derived which allow the same dimensions of information to be conveyed.

Language: English

Document Type: Research article

Publication date: 2000-01-01

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