Since the publication of the first edition of this book in 1978, I have received valuable advice, comments, criticism, and suggestions from a variety of people. In particular, I would like to acknowledge the help I have received from Michael McAleer of the University of Western Australia, Peter Kennedy of Simon Frazer University in Canada, and Kenneth White, of the University of British Columbia, George K. Zestos of Christopher Newport University, Virginia, and Paul Offner, Georgetown University, Washington, D.C.

I am also grateful to several people who have influenced me by their scholarship. I especially want to thank Arthur Goldberger of the University of Wisconsin, William Greene of New York University, and the late G. S. Maddala. For this fourth edition I am especially grateful to these reviewers who provided their invaluable insight, criticism, and suggestions: Michael A. Grove at the University of Oregon, Harumi Ito at Brown University, Han Kim at South Dakota University, Phanindra V. Wunnava at Middlebury College, and George K. Zestos of Christopher Newport University.

Several authors have influenced my writing. In particular, I am grateful to these authors: Chandan Mukherjee, director of the Centre for Development Studies, Trivandrum, India; Howard White and Marc Wuyts, both at the Institute of Social Studies in the Netherlands; Badi H. Baltagi, Texas A&M University; B. Bhaskara Rao, University of New South Wales, Australia; R. Carter Hill, Louisiana University; William E. Griffiths, University of New England; George G. Judge, University of California at Berkeley; Marno Verbeek, Center for Economic Studies, KU Leuven; Jeffrey Wooldridge, Michigan State University; Kerry Patterson, University of Reading, U.K.; Francis X. Diebold, Wharton School, University of Pennsylvania; Wojciech W. Charemza and Derek F. Deadman, both of the University of Leicester, U.K.; Gary Koop, University of Glasgow.

I am very grateful to several of my colleagues at West Point for their support and encouragement over the years. In particular, I am grateful to Brigadier General Daniel Kaufman, Colonel Howard Russ, Lieutenant Colonel Mike Meese, Lieutenant Colonel Casey Wardynski, Major David Trybulla, Major Kevin Foster, Dean Dudley, and Dennis Smallwood.

I would like to thank students and teachers all over the world who have not only used my book but have communicated with me about various aspects of the book.

For their behind the scenes help at McGraw-Hill, I am grateful to Lucille Sutton, Aric Bright, and Catherine R. Schultz.

George F. Watson, the copyeditor, has done a marvellous job in editing a rather lengthy and demanding manuscript. For that, I am much obliged to him.

Finally, but not least important, I would like to thank my wife, Pushpa, and my daughters, Joan and Diane, for their constant support and encouragement in the preparation of this and the previous editions.

Damodar N. Gujarati

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