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New coefficients of econometrics models quality estimation

Research output: Contribution to Journal/MagazineJournal articlepeer-review

Published
<mark>Journal publication date</mark>31/12/2011
<mark>Journal</mark>Applied Econometrics
Issue number4
Volume24
Pages (from-to)85-99
Publication StatusPublished
<mark>Original language</mark>Russian

Abstract

Advantages and disadvantages of existing coefficient of determination and mean absolute percentage error are examined, and two new coefficients (the compliance coefficient and the balance coefficient) giving new information about the approximation properties of econometrics models, are proposed.