IDEAS home Printed from https://ideas.repec.org/a/spr/empeco/v18y1993i2p307-19.html
   My bibliography  Save this article

The Box-Cox Transformation-of-Variables in Regression

Author

Listed:
  • Kim, Minbo
  • Hill, R Carter

Abstract

The application of the Box-Cox transformation to the dependent and independent variables is discussed. Maximum likelihood and iterative GLS estimators are used and bootstrapping is carried out to compare the bootstrap sample variability with the finite sample variability (RMSE) and improve RMSE estimation. The biases of parameter estimators were shown to be substantial in small samples. The standard errors obtained from the Hessian matrix were a poor measure of the finite sample variability. The "t"-ratios of the linear parameter estimators may not be normally distributed in small samples.

Suggested Citation

  • Kim, Minbo & Hill, R Carter, 1993. "The Box-Cox Transformation-of-Variables in Regression," Empirical Economics, Springer, vol. 18(2), pages 307-319.
    • Handle: RePEc:spr:empeco:v:18:y:1993:i:2:p:307-19
    as

    Download full text from publisher

    To our knowledge, this item is not available for download. To find whether it is available, there are three options:
    1. Check below whether another version of this item is available online.
    2. Check on the provider's web page whether it is in fact available.
    3. Perform a search for a similarly titled item that would be available.

    Citations

    Citations are extracted by the CitEc Project, subscribe to its RSS feed for this item.
    as


    Cited by:

    1. James Bugden, 2013. "Renovations and the Repeat-Sales House Price Index," Working Papers 2013.08, School of Economics, La Trobe University.
    2. Wen-Jen Hsieh, 1995. "Test of variable output and scale elasticities for 20 US manufacturing industries," Applied Economics Letters, Taylor & Francis Journals, vol. 2(8), pages 284-287.

    More about this item

    Statistics

    Access and download statistics

    Corrections

    All material on this site has been provided by the respective publishers and authors. You can help correct errors and omissions. When requesting a correction, please mention this item's handle: RePEc:spr:empeco:v:18:y:1993:i:2:p:307-19. See general information about how to correct material in RePEc.

    If you have authored this item and are not yet registered with RePEc, we encourage you to do it here. This allows to link your profile to this item. It also allows you to accept potential citations to this item that we are uncertain about.

    We have no bibliographic references for this item. You can help adding them by using this form .

    If you know of missing items citing this one, you can help us creating those links by adding the relevant references in the same way as above, for each refering item. If you are a registered author of this item, you may also want to check the "citations" tab in your RePEc Author Service profile, as there may be some citations waiting for confirmation.

    For technical questions regarding this item, or to correct its authors, title, abstract, bibliographic or download information, contact: Sonal Shukla or Springer Nature Abstracting and Indexing (email available below). General contact details of provider: http://www.springer.com .

    Please note that corrections may take a couple of weeks to filter through the various RePEc services.

    IDEAS is a RePEc service. RePEc uses bibliographic data supplied by the respective publishers.