Model of Interindustry Interactions as a System of Simultaneous Equations

1988 20 1999 3 3987 document 1999 WP-82-028.pdf application/pdf 3ebb9c61430e4615d396fb3908eab2f8 MD5 554633 2016-01-15 01:51:38 https://pure.iiasa.ac.at/id/eprint/1988/1/WP-82-028.pdf 1988 1 1 text en public

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http://eprints.org/relation/isVersionOf https://pure.iiasa.ac.at/id/document/1999 http://eprints.org/relation/isVolatileVersionOf https://pure.iiasa.ac.at/id/document/1999 http://eprints.org/relation/isCoversheetVersionOf https://pure.iiasa.ac.at/id/document/1999 archive 351 disk0/00/00/19/88 2016-01-15 01:51:38 2021-08-27 17:10:52 2016-01-15 01:51:38 monograph show 2 Smyshlyaev A. AL1613 Model of Interindustry Interactions as a System of Simultaneous Equations pub iis_mod iis_ecn iis_met prog_sds This paper considers the techniques used to estimate the parameters of the large-scale model of interindustry interactions. Use of the ordinary least squares technique sometimes leads to overestimation of model validity. These questions are of great importance in forecasting if the set of parameters is obtained by econometric techniques. Three examples illustrate the problem and show that the model should be represented as a system of simultaneous equations and therefore appropriate techniques have to be used for parameter estimation. 1982-03 published WP-82-028 WP-82-028 2580 public working_paper IIASA, Laxenburg, Austria 19 FALSE info:eu-repo/semantics/book