TY - JOUR AU - Pieraccini, Luciano AU - Naccarato, Alessia PY - 2008/01/01 Y2 - 2024/03/29 TI - Least orthogonal distance estimator of structural parameters in simultaneous equation models JF - Statistica JA - Stat VL - 68 IS - 3/4 SE - Articles DO - 10.6092/issn.1973-2201/3539 UR - https://rivista-statistica.unibo.it/article/view/3539 SP - 349-364 AB - The aim of this paper is to present a consistent estimator of parameters in simultaneous equation model, based on characteristic roots and vectors of a matrix derived from the so called over-identifying restrictions. The Least Orthogonal Distance Estimator presented here is a more recent development of its original limited information version. The occasion, for reviewing it, has been given by its extension to a full information context which is here completely formalized and by the very encouraging results of recent simulation experiments. ER -