Test for structural change
Encyclopedia
Test for structural change is an econometric
test. It is used to verify the equality of coefficients in separate subsamples. See Chow test
.
Econometrics
Econometrics has been defined as "the application of mathematics and statistical methods to economic data" and described as the branch of economics "that aims to give empirical content to economic relations." More precisely, it is "the quantitative analysis of actual economic phenomena based on...
test. It is used to verify the equality of coefficients in separate subsamples. See Chow test
Chow test
The Chow test is a statistical and econometric test of whether the coefficients in two linear regressions on different data sets are equal. The Chow test was invented by economist Gregory Chow. In econometrics, the Chow test is most commonly used in time series analysis to test for the presence of...
.