The order condition is the state of a set of simultaneous equations in an econometric system such that all its parameters may be identified.
For an equation in a system of equations to be identified, the number of excluded exogenous variables in that equation must be at least as great as the number of included endogenous variables, less one. However, a stronger argument is the rank condition which is both necessary and sufficient for identification.
First Order Condition — Dieser Artikel wurde auf der Qualitätssicherungsseite des Portals Mathematik eingetragen. Dies geschieht, um die Qualität der Artikel aus dem Themengebiet Mathematik auf ein akzeptables Niveau zu bringen. Dabei werden Artikel gelöscht, die nicht… … Deutsch Wikipedia
Second Order Condition — Dieser Artikel wurde auf der Qualitätssicherungsseite des Portals Mathematik eingetragen. Dies geschieht, um die Qualität der Artikel aus dem Themengebiet Mathematik auf ein akzeptables Niveau zu bringen. Dabei werden Artikel gelöscht, die nicht… … Deutsch Wikipedia
Order of Preachers — Order of Preachers † Catholic Encyclopedia ► Order of Preachers As the Order of the Friars Preachers is the principal part of the entire Order of St. Dominic, we shall include under this title the two other parts of the order: the… … Catholic encyclopedia
order — [ôr′dər] n. [OFr ordre < L ordo (gen. ordinis), straight row, regular series, akin to ordiri, to lay the warp, hence begin, set in order, prob. < IE base * ar , to join, fit > ARM1, ART1] 1. social position; rank in the community 2. a… … English World dictionary
Order of Friars Minor — Order of Friars Minor † Catholic Encyclopedia ► Order of Friars Minor (Also known as FRANCISCANS.) This subject may be conveniently considered under the following heads: I. General History of the Order; A. First Period (1209… … Catholic encyclopedia
Order of St. Lazarus of Jerusalem — Order of St. Lazarus of Jerusalem † Catholic Encyclopedia ► Order of St. Lazarus of Jerusalem The military order of St. Lazarus of Jerusalem originated in a leper hospital founded in the twelfth century by the crusaders of the Latin… … Catholic encyclopedia
condition — [n1] circumstances action, ballgame*, case, estate, happening, how it goes*, how things are*, how things stack up*, lay of the land*, like it is*, mode, order, plight, position, posture, predicament, quality, rank, repair, reputation, riff, scene … New thesaurus
Condition — • That which is necessary or at least conducive to the actual operation of a cause Catholic Encyclopedia. Kevin Knight. 2006. Condition Condition … Catholic encyclopedia
Condition — Con*di tion, n. [F., fr. L. conditio (better condicio) agreement, compact, condition; con + a root signifying to show, point out, akin to dicere to say, dicare to proclaim, dedicate. See {Teach}, {Token}.] 1. Mode or state of being; state or… … The Collaborative International Dictionary of English
condition — [kən dish′ən] n. [ME & OFr condicion < L condicio, agreement, situation < condicere, to speak with, agree < com , together + dicere, to speak: see DICTION] 1. anything called for as a requirement before the performance or completion of… … English World dictionary
