ABSTRACT
This chapter provides theoretical grounding in some important techniques that may be know only as Limdep or STATA commands. A more thorough understanding of these techniques will allow sports economists to use them more readily and to justify their use more thoroughly. The chapter reinforces the first goal by pointing out both basic source material on the techniques presented as well as representative applications in the sports economics literature. It offers a wish list of techniques that would allow sports economists to advance the field but which are, for a variety of reasons, underutilized. The chapter deals with time-series analysis, an area that most sports economists have avoided. It looks at how one determines the proper order of a time series. One of the most common reasons for having a paper rejected by a journal is the referee's complaint that the econometric model used to test the paper's central hypothesis is incorrectly specified.
