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We p r e s e n t the second volum e of F o l i a oeconotnlgo; "The T h eory o f E c o n o m e tric « ond S t a t i s t i c s S e r i e s " . The p a p e rs c o n ta in e d In t h lo volum e w ere w r i t t e n by the members o f th e e c o n o m e tric The o r y R e se o rch Group e f f l l i o t o d f o r m a lly w it h th e I n s t i t u t e of E c o n o m e tric s and S t a t i s t i c s , U n l v e r a i t y of Tho In c lu d e d p a p e rs have been p rep a ro d on tho b o a ts of re e e o rc h works and r e p o r t s done w it h in tho r e s e a rc h programme R . J I X . 9 , I n i t i a t e d ond t o t o l l y fin a n c e d by the P o l is h M i n i s t r y of S c ie n c o , H ig h er edu c a t io n and T e ch n o lo g y to w hich o i l the a u th o rs a ro v e r y g ra to - f u l . W ith o u t t h i s su p p o rt the w o rk s, r e p o r t s ond f i n o l l y pa p er® c o n ta in e d h e r e w ith , would n evo r bo p ru p aro d and w r i t t e n in th e ca se o f works ond p a p e rs h e a v i l y dependent on com puter sim u l a t i o n s , o r would n o v c r be p re p a re d I n such a s h o rt p e r io d of tim e In th e case o f o t h e r s .
Th ere I S no s t r i k i n g d i f f e r e n c e between th e s u b je c t f i e l d o f the f i r s t volum e and t h i s one. Th ere a re more p a p e rs on nu m e r ic a l a n a l y s i s Of a lg o r ith m » used In th e e s t im a t io n th e o ry . Go me p a p e rs oxtend the r e s u l t s p re s o n te d In the f i r s t v o l u me. O th e r p a p e rs p r e s e n t r e s u l t s on t o p ic s n ot co vo re d by tho p r e v io u s volum e.
One can c l a s s i f y the In c lu d e d pop era a c c o r d in g to many c r l t o - r i a . I f I t I s a d o m in a tin g t o o l o f s t u d ie s , then the p op o io P I, P2 , P S , P6 ( P I , 1 * 2 , . . . , , P IO a re the i d e n t i f i e r s o f s u c c e s s iv e e n t r i e s o f the l i s t o f a u t h o r s ' names and t l t l o s In c lu d e d In the erid o f th e volum e u nd er the h ea d in g “ C o n t e n t s " ) b elon g to the group w ith n u m e ric a l methods as a d o m in a tin g t o o l . The p a p e rs P 3 , P 4 , P9t PIO a re c h a r a c t e r is e d by a s tro n g use of n u m e ric a l s i m u la tio n (M o n te - C a rlo ) e x p e rim e n ts , p r i n c i p l e s o f e x p erim en t p la n n in g and e s t im a t io n and t o s t t h e o r y . The p a p e rs P7 , P8 have a * it d o m in a tin g t o o l the methods o f l i n o a r a lg e b r a , th e o r y o f e- c o n o m e tr lc s , p r o b a b i l i t y and s t a t i s t i c s .
I I
03
a c r i t e r i o n o f g ro u p in g one tokos the s u b je c t f i e l d of a g iv e n p o p o r, then we havo th e f o llo w in g g ro u p s i3 1
) the p a p e rs P I , P2, P5, P6 w ith n u m e ric a l r e s u l t s on a l g o rith m s (M o o re-Pen ro ee g e n e r a liz e d a lg o rith m « a lg o r ith m o f06
- t l n o t l o n o f p a ra m e te rs o f f i n a l form e c o n o m e tric m odels, two i t e r a t i v e methods o f p a ra m e te rs e s t im a t io n o f CES f u n c t i o n ) and sug g e s t io n s how to use them;g 2 ) the p a p e rs P3 , P 4 , PO w it h e c o n o m e tric and s t a t i s t i c a l th e o r y r o o u lt * on p r o p e r t ie s o f n o r m a lit y and run t e s t s (b e h a v io u r o f the e s tim a te d power o f s tu d ie d t e s t e , p r o p e r t ie s o f eke- wnoes and k u r t o s la m easures );
g 3 ) the p a p e rs P 7 , PS w ith some r e s u l t s c o n c e rn in g an e x te n s io n o f e f f i c i e n c y and ro b u s tn e s s c h a r a c t e r i z a t i o n s f o r the e s t i m ators of p a ra m e te rs o f g e n e r a l l i n e a r models and th e p ap er P10 w ith sproe r e s u l t s on b ia s and e f f i c i e n c y of e s t im a t o r s f o r the p a ra m e te rs o f l i n e a r a u t o r e g r e s s iv e m odolo,
g 4 ) the p a p e rs P5 , P6 w it h r e s u l t s on b le o o f I t e r a t i v e tw o-stag e method and a x i a l d o u b le i t e r a t i o n method o f e o t lm e t lo n fo r the p a ra m e te r® o f CES p r o d u c tio n f u n c t io n m odels.
The a u th o rs a re t r y in g to p re e e rv o ea f a r as p o s s ib le the u s e o r le n te d p r e s e n t a t io n o f r e s u l t s . By no (neons th e o b ta in e d r e s u l t s can be c l a s s i f i e d os com p lete r e s u l t s on a g iv e n i n t e r e s t in g q u e s tio n or" t o p ic . I n th e cose o f p a p e rs w it h the nu m e r ic a l s im u la t io n r e s u l t s t h i s 16 due to the r e s t r i c t i o n on the s tu d ie d p a ra m e te r s p a c e , the p o v e r t y o f s ta n d a rd models n e ig h bourhoods, the la c k o f good " t u n in g " d o v ic e s f o r th e e x p erim en t p la n n in g .
I n th e case of p a p e rs w it h th e d e d u c tiv e r e s u l t s t h i s I s due to the o f t e n s m a ll p r a c t i c a l a p p l i c a b i l i t y o f th e o b ta in e d th e o r e t i c a l r e s u l t s , a need f o r f u r t h e r e x te n s io n s o f th e se r e s u l t s and the la c k o f more p o w e r fu l a n a l y t i c a l t o o l s .
