Buy used:
$6.91
$3.98 delivery May 14 - 15. Details
Used: Very Good | Details
Sold by glenthebookseller
Condition: Used: Very Good
Comment: Item in very good condition! Textbooks may not include supplemental items i.e. CDs, access codes etc...
Access codes and supplements are not guaranteed with used items.
Amazon book clubs early access
Loading your book clubs
There was a problem loading your book clubs. Please try again.
Not in a club? Learn more
Amazon book clubs early access

Join or create book clubs

Choose books together

Track your books
Bring your club to Amazon Book Clubs, start a new book club and invite your friends to join, or find a club that’s right for you for free.
Explore Amazon Book Clubs
Kindle app logo image

Download the free Kindle app and start reading Kindle books instantly on your smartphone, tablet, or computer - no Kindle device required.

Read instantly on your browser with Kindle for Web.

Using your mobile phone camera - scan the code below and download the Kindle app.

QR code to download the Kindle App

Guide to Econometrics 5th Edition

by Peter E. Kennedy (Author)
4.6 4.6 out of 5 stars 40 ratings
See all formats and editions

There is a newer edition of this item:

A Guide to Econometrics. 6th edition
A Guide to Econometrics. 6th edition
$34.81
(110)
Usually ships within 6 to 7 days
A Guide to Econometrics has established itself as the first-choice text for teachers and students throughout the world who require an intuitive introduction to the subject without the notation and technical detail that characterize most textbooks. This overview has enabled students to make sense more easily of what instruct
Previous page
  1. ISBN-10
    1405115025
  2. ISBN-13
    978-1405115025
  3. Edition
    5th Edition
  4. Publisher
    WileyBlackwell
  5. Publication date
    January 1, 2003
  6. Language
    English
  7. Dimensions
    6.02 x 1.81 x 8.98 inches
  8. Print length
    640 pages
  9. See all details
Next page
Books with Buzz
Books with Buzz
Discover the latest buzz-worthy books, from mysteries and romance to humor and nonfiction. Explore more

Product details

  • Publisher ‏ : ‎ WileyBlackwell; 5th Edition (January 1, 2003)
  • Language ‏ : ‎ English
  • Paperback ‏ : ‎ 640 pages
  • ISBN-10 ‏ : ‎ 1405115025
  • ISBN-13 ‏ : ‎ 978-1405115025
  • Item Weight ‏ : ‎ 1.99 pounds
  • Dimensions ‏ : ‎ 6.02 x 1.81 x 8.98 inches
  • Customer Reviews:
    4.6 4.6 out of 5 stars 40 ratings

Customer reviews

4.6 out of 5 stars
4.6 out of 5
40 global ratings

Top reviews from the United States

B. S.
5.0 out of 5 stars Solid primer, really wide audience
Reviewed in the United States on May 9, 2015
Verified Purchase
This book was used as a text for one of my courses, and Kennedy does a strong job of explaining basic econometrics in really clear language. It's definitely an old standby, and it's useful for trying to figure out lots of statistics in a very good theoretical manner.

As somebody who is pretty weak in statistics, this book definitely gave some very clear explanations of a whole slew of statistical methods for analyzing data sets, so I'd say it's useful even to non-econometricians as well as its intended audience of econometricians.
2 people found this helpful
Helpful
 Report
Anonymous avid reader
5.0 out of 5 stars Must read
Reviewed in the United States on July 25, 2021
Verified Purchase
One the best books on econometrics.
Helpful
 Report
Elbys Mendez
5.0 out of 5 stars Really good book
Reviewed in the United States on March 2, 2017
Verified Purchase
Loving this book, very easy to understand
One person found this helpful
Helpful
 Report
Scott B
5.0 out of 5 stars Very useful. Like the layout
Reviewed in the United States on November 18, 2015
Verified Purchase
Very useful. Like the layout.
Helpful
 Report
DM
5.0 out of 5 stars Excellent text
Reviewed in the United States on April 9, 2008
Verified Purchase
Not many scientists can write but Peter Kennedy is NOT one of them. He presents the mathematical and statistical information in clear, concise language. A wonderful AND informative read!!
One person found this helpful
Helpful
 Report
Lam2Expo
5.0 out of 5 stars Five Stars
Reviewed in the United States on March 29, 2016
Verified Purchase
excellent
Helpful
 Report
Idalis
5.0 out of 5 stars Five Stars
Reviewed in the United States on December 4, 2014
Verified Purchase
In less of the time
Helpful
 Report
Old-and-Wise
4.0 out of 5 stars Cliffs Note for econometrics students and practitioners
Reviewed in the United States on March 6, 2006
Like the (in)famous Cliffs Notes many of us depended on to get through high school, Canadian economist Peter Kennedy's "A Guide to Econometrics" is not an econometrics textbook by itself, but rather a who-what-why-when guide for the student or practitioner mired in one too many technical details. Instead of stuffing the pages with mathematical formulas and dreaded matrix notations in bold or italics, this book gives the cliched "36,000-ft." overview of why we do certain things in econometrics. To borrow another cliche, it allows the reader to see the forest rather than getting lost among the individual trees.

To me, the last chapter "Applied Econometrics," newly added in this fifth edition of the book, alone is worth the money spent. It systematically treats the important topic of how to practice econometrics in the real world. It's not a comprehensive treatment on this topic, but an eye-opening one that drives home the important point of econometrics being a tool for answering (hopefully) relevant economic questions. For example, there's a whole section on what to do when you get the "wrong" sign on a coefficient estimate. Instead of panicking and jumping out of the window, the reader is advised to take a close, sensible (my word) look at the specifications, both of the economic ("theoretical") model and the overall econometric specification ("empirical framework") as well as the quality of data itself.

As a practitioner of econometrics, all too often I've observed people, many with Ph.D.s from top programs, blindly running regressions without considering the who-what-why-when's of econometric analysis. Case in point: how many of you routinely test for collinearity in your data? If you discover collinarity, what do you do then? Surprisingly, products of the various "top" econometric machineries across the nation often ignore these questions, or just are plain ignorant of these issues.

Real-world example (trust me): just the other day a fine gentleman with a Ph.D. from Stanford University gave a talk on his latest research. When he showed his empirical results, most in the room -- many non-Ph.D.s -- were horrified to see two variables that were obviously collinear. I mean, it was obvious to almost everyone in the audience, yet the gentleman was fully unaware of his grave error and continue to boast the advanced techniques he used to derive the estimates under different assumption -- except the most important one which he clearly had violated!

I think Kennedy's book will help students understand econometrics -- esp. the why -- better and help practitioners avoid making embarrassing mistakes like the ones I cited. Kennedy not only helps you see when and why you would use techniques like IV or SURE, but provides ample examples to show when and why you shouldn't use them. The latter, alas, is just as important as the former, and I hope every econometrician has read or will read this book before they delve into future applied research.

This book is not five-star because I find it a bit too superficial in the treatment of many important topics. I guess it's hard to cover so many topics in a small paperback like this. I hope future editions will give us more formulas and mathematical notations to make the book tie in better with existing econometric textbooks.
17 people found this helpful
Helpful
 Report