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The coefficient of the whole is an average of the coefficients of its parts: A special case of restricted least squares

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  • Kee, Hiau Looi

Abstract

This paper provides a consistent estimate of the bound of the marginal effect of an unobserved right-hand side variable on the dependent variable when only the sum of that variable with a positively correlated variable is available.

Suggested Citation

  • Kee, Hiau Looi, 2009. "The coefficient of the whole is an average of the coefficients of its parts: A special case of restricted least squares," Economics Letters, Elsevier, vol. 104(3), pages 136-139, September.
    • Handle: RePEc:eee:ecolet:v:104:y:2009:i:3:p:136-139
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