• OpenAccess
  • Redundancy of Moment Conditions for Linear Transformation of Parameters  [QEC 2014]
  • DOI: 10.4236/jss.2014.27004   PP.19 - 24
  • Author(s)
  • Heather Bednarek, Hailong Qian
  • In this paper, we consider the redundancy of an extra set of moment conditions, given an initial set of moment conditions, for the efficient estimation of an arbitrary linear transformation of an original parameter vector. The redundancy condition derived in the current paper unifies the full and partial redundancy of moment conditions of Breusch, Qian, Schmidt and Wyhowski (Journal of Econometrics, 1999).

  • GMM Estimation, Moment Conditions, Redundancy, Partial Redundancy
  • References
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    Qian, H. (2002) Partial Redundancy of Moment Conditions. Econometric Theory, 18, 531-539.
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    Hansen, L.P. (1982) Large Sample Properties of Generalized Method of Moments Estimators. Econometrica, 50, 1029- 1054.
    Qian, H. (2013) Redundancy of Moment Conditions in Restricted GMM Estimation. Invited for Revision by Econometrics Theory; Being Revised.
    Marsaglia, G. and Styan, G. (1974) Equalities and Inequalities for Ranks of Matrices. Linear and Multilinear Algebra, 2, 269-292.
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