The Cambridge Multisectoral Dynamic Model

Terry Barker

ISBN 10: 0521330041 / ISBN 13: 9780521330046

Published by Cambridge University Press, 1988

About this Item

Druck auf Anfrage Neuware - Printed after ordering - This 1998 book presents the econometric analysis of single-equation and simultaneous-equation models in which the jointly dependent variables can be continuous, categorical, or truncated. Despite the traditional emphasis on continuous variables in econometrics, many of the economic variables encountered in practice are categorical (those for which a suitable category can be found but where no actual measurement exists) or truncated (those that can be observed only in certain range). Such variables are involved, for example, in models of occupational choice, choice of tenture in housing, and choice of type of schooling. Models with regulated prices and rationing and models for program evaluation also represent areas of application for the techniques presented by the author.

Seller Inventory # 9780521330046

Bibliographic Details

• Title: The Cambridge Multisectoral Dynamic Model
• Publisher: Cambridge University Press
• Publication Date: 1988
• Language: English
• ISBN 10: 0521330041
• ISBN 13: 9780521330046
• Binding: Buch
• Condition: Neu
• Dimensions: 235W x 157H x 36D millimeters 235 millimeters width by 157 millimeters height by 36 millimeters depth
• Weight: 1006 grams

About this title

Synopsis

This book provides an account of the Cambridge Multisectoral Dynamic Model, based on a highly disaggregated macroeconometric model. The first part covers the econometric theory and methodology, the organization of the data, the structure of the model, estimation and computer programming. The second part examines the modeling of different aspects of the system in detail and describes the relationships used, the parameter estimates and the results obtained. The model has been developed by the Cambridge Growth Project and is unique among models of the UK economy in its level of disaggregation.

Book Description

Based on a highly disaggregated macroeconometric model developed by the CGP, this model is unique among models of the U.K. economy in its level of disaggregation.