Glickman / Mills Econometric Analysis of Regional Systems

Explorations in Model Building and Policy Analysis
1. Auflage 2014
ISBN: 978-1-4832-6597-1
Verlag: Elsevier Science & Techn.
Format: PDF
Kopierschutz: 1 - PDF Watermark

E-Book, Englisch, 222 Seiten, Web PDF

Econometric Analysis of Regional Systems: Explorations in Model Building and Policy Analysis provides information pertinent to the use of regional econometric models for forecasting and policy analysis. This book presents macroeconomic forecasting for metropolitan regions. Organized into five chapters, this book begins with an overview of the problem of forecasting regional economic activity. This text then analyzes the principal types, economic base, input-output, and econometric of the regional economic models. Other chapters consider a large-scale econometric model for the Philadelphia region based on time series data to make forecasts for output, employment, prices, wages, income, economic activity, and other economic aggregates. This book discusses as well the types of forecasting models used in regional analysis. The final chapter deals with econometric techniques to bear on the problem of regional economic forecasting. This book is a valuable resource for economists, local policy makers, and government officials.

Autoren/Hrsg.

Glickman, Norman J.

Mills, Edwin S.

Inhaltsverzeichnis

1;Front Cover;1
2;Econometric Analysis of Regional Systems: Explorations in Model Building and Policy Analysis;4
3;Copyright Page;5
4;Table of Contents;6
5;FOREWORD;8
6;PREFACE;10
7;ACKNOWLEDGMENTS;12
8;CHAPTER I. INTRODUCTION;14
8.1;1.1 PURPOSE OF THIS STUDY;14
8.2;1.2 THE PHILADELPHIA REGION;15
8.3;1.3 A BRIEF VIEW OF THE PHILADELPHIA REGION ECONOMETRIC MODEL;24
8.4;1.4 OUTLINE OF THE STUDY;25
9;CHAPTER II. METHODS OF REGIONAL ECONOMIC ANALYSIS;26
9.1;2.1 INTRODUCTION;26
9.2;2.2 ECONOMIC BASE MODELS;28
9.3;2.3 REGIONAL AND INTERREGIONAL INPUT–OUTPUT;41
9.4;2.4 ECONOMETRIC MODELS;50
9.5;2.5 REGIONAL MODELS REVISITED;86
10;CHAPTER III.
A FORECASTING MODEL;88
10.1;3.1 INTRODUCTION;88
10.2;3.2 THE DEVELOPMENT OF THE PHILADELPHIA MODEL;89
10.3;3.3 THE MODEL;89
10.4;3.4 CONCLUDING REMARKS;116
10.5;APPENDIX TO CHAPTER III PHILADELPHIA ECONOMETRIC PROJECT MODEL AND DATA BANK;118
11;CHAPTER IV. TESTING THE MODEL AND SOME POLICY-ANALYTIC SIMULATION EXPERIMENTS;152
11.1;4.1 INTRODUCTION;152
11.2;4.2 TESTS OF THE PHILADELPHIA ECONOMETRIC MODEL;153
11.3;4.3 FORECASTING WITH THE PHILADELPHIA ECONOMETRIC MODEL;167
11.4;4 . 4 POLICY-ANALYTIC SIMULATION EXPERIMENTS;173
11.5;4.5 CONCLUDING REMARKS;203
12;CHAPTER V.
A SUMMING UP;206
12.1;5.1 SUMMARY AND CONCLUSIONS;206
12.2;5.2 THE FUTURE FOR REGIONAL ECONOMETRIC MODELS;208
13;REFERENCES;210
14;INDEX;220