Building US National and Regional Forecasting and Simulation Models

Autor:	George I. Treyz, Gang Shao
Rok vydání:	1993
Předmět:	Economics and Econometrics Operations research Computer science Simulation modeling Economic model National level Model building
Zdroj:	Economic Systems Research. 5:63-78
ISSN:	1469-5758 0953-5314
DOI:	10.1080/09535319300000006
Popis:	In this paper, we describe how Regional Economic Models, Inc. constructs US national and regional forecasting and simulation models, using the US Bureau of Labor Statistics Outlook-2000 forecast. The building procedure extends a traditional input–output model to a dynamic and structural forecasting and simulation model. While much emphasis is on building a consistent US model, we also discuss the linkages and structural differences between the national and regional models. The procedure we present is generally applicable to any regional modelling undertaking. It extracts changing relationships from the national level for use in model building and forecasting at the regional level, where these relationships are not directly observable.
Databáze:	OpenAIRE
Externí odkaz:	https://explore.openaire.eu/search/publication?articleId=doi_________::d5c601a1ea508d4fe8b5e77569a77b16 https://doi.org/10.1080/09535319300000006 Zobrazit plný text záznamu