Integrating econometric and environmetric modelling
نویسندگان
چکیده
منابع مشابه
Macro - Econometric System Modelling
We summarize the history of macroeconometric system modelling as having produced four generations of models. Over time the principles underlying the model designs have been extended to incorporate eight major features. Because models often evolve in response to external events we are led to ask what has happened to models used in the policy process since the financial crisis on 2008/9. We find ...
متن کاملA decision-based approach to econometric modelling∗
In many applications it is necessary to use a simple and therefore highly misspecified econometric model as the basis for decision-making. We propose an approach to developing a possibly misspecified econometric model that will be used as the beliefs of an expected utility maximiser. An objective function that measures the value of predictive distributions in decision-making is introduced and u...
متن کاملNonlinear Econometric Modelling: A Selective Review
In the discipline of economics, the vast array of economic theories which are available to economists often contain nonlinear elements (e.g. first order conditions, functional forms, etc.). In the past, however, many of the testable implications of economic theories, for example were formulated and derived with one of the main objectives being the specification of linear econometric models. Thi...
متن کاملEconometric Modelling of Antitrust Environment and Patent Activity
This paper examines the relationship between the antitrust environment and technological inventiveness in the US economy, where technological inventiveness is measured by patent activity. Although not all registered patents are commercialised into inventions, patent data provide a valuable source of information about technological efforts. Patenting is also very important as it is linked to an ...
متن کاملTheory and Practice of Econometric Modelling Using PcGive10
This review offers a guided tour to PcGive 10 modules for econometrics analysis of time series (PcGive), limited dependent variable (LogitJD) and static and dynamic panel data analyses (DPD), financial econometric (GARCH) and time series (ARFIMA) modelling. Several empirical applications are reported to illustrate the package.
متن کاملذخیره در منابع من
با ذخیره ی این منبع در منابع من، دسترسی به آن را برای استفاده های بعدی آسان تر کنید
ژورنال
عنوان ژورنال: Environmetrics
سال: 1995
ISSN: 1180-4009,1099-095X
DOI: 10.1002/env.3170060503