by Jack Johnston and John DiNardo, McGraw Hill, 1997
Published online by Cambridge University Press: 01 February 2000
The fourth edition of Econometric Methods by Jack Johnston and John DiNardo, is a rewrite of the venerable third edition by Johnston that sustained several generations of economists. As stated by the authors themselves, the reason for undertaking this major revision is to provide a comprehensive and accessible account of currently available econometric methodology, and in my opinion they have been successful in achieving their objective. The book has 13 chapters and runs to 531 pages. Each chapter ends with a selection of problems, several of which are new to this edition. Answers are not provided, although a solutions manual is available. Two appendices, one on matrix algebra and the other on statistical preliminaries, are intended to make the book as self-contained as possible. Not unexpectedly, the appendices are somewhat tersely worded, and the reader may wish to supplement them with additional reference material. Conforming to current practice, the book is accompanied by a data diskette containing several data sets, allowing the reader to replicate the applications given in the text.