Although multiple regression is commonly used in such cases to test the individual effects of many explanatory variables on a continuous response, the inherent collinearity (multicollinearity) of ...

Multicollinearity: A phenomenon where independent variables in a regression model are highly correlated, potentially compromising the reliability of coefficient estimates.

A Monte Carlo simulation is employed to reinvestigate the general disagreement in the literature regarding the small-sample properties of simultaneous equation estimators under widely different levels ...