Description: Please refer to the section BELOW (and NOT ABOVE) this line for the product details - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - Title:Forecasting Models For National Economic PlanningISBN13:9789401031417ISBN10:940103141XAuthor:Heesterman, Aaart R. (Author)Description:This Book Is About The Specification Of Linear Econometric Models, And For This Reason Some Important Related Fields Have Been Deliberately Omitted I Did Not Want To Discuss The Problems Of Parameter-Estimation, At Least Not In Any Detail, As There Are Other Books On These Problems Written By Specialized Statisticians This Book Is About The Models Them- Selves And Macro-Economic Models In Particular A Second Related Sub- Ject Is The Policy Decision That Can Be Made With The Help Of A Model While I Did Write A Chapter On Policy Decisions, I Limited Myself To Some Extent Because Of My Views On Planning As Such The Logical Approach To This Problem Is In Terms Of Mathematical Programming, But Our Models And Our Ideas About The Policies We Want Are Too Crude For Its Effective Utilisation A Realistic Formulation Of The Problem Should Involve Non- Linearities In An Essential Way, The Models I Consider (And Most Existing Models) Are Linear At The Present State Of Econometrics, I Do Not Really Believe In Such A Thing As The 'Optimal' Plan The Possible Result Of Bad Planning Or No Planning At All, For Instance Massive Unemployment, Sudden Financial Crises, Unused Capital Equipment, Or The Production Of Unsalable Goods Is Agreed To Be Undesirable Programming Methods May Of Course Be Needed, If Only For Having A Systematic Algorithm To Find A Solution That Avoids This Kind Of 'Obvious' Non-Optimality However, The Main Emphasis Is On Forecasting Models Binding:Paperback, PaperbackPublisher:SPRINGER NATUREPublication Date:2011-11-06Weight:0.52 lbsDimensions:0.37'' H x 9'' L x 6'' WNumber of Pages:166Language:English
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Book Title: Forecasting Models For National Economic Planning
Item Length: 9in
Item Width: 6in
Author: A. R. G. Heesterman, Aaart R. Heesterman
Publication Name: Forecasting Models for National Economic Planning
Format: Trade Paperback
Language: English
Publisher: Springer Netherlands
Publication Year: 2011
Series: International Studies in Economics and Econometrics Ser.
Type: Textbook
Item Weight: 9.2 Oz
Number of Pages: 166 Pages
