Analysis of Integrated Econometric and Input-output Model -An Empirical Study with the Input-output Table of Sichuan Province
The classical input-output (IO) model is a popular linear and deterministic system. Although it can only approximately describe the real-world economy, IO model can reveal the dependency among different economic sectors at a particular point of time through static or cross-sectional model. On the other hand, the econometric (EC) model is a dynamic system and can deal with the uncertainty in the real economy by means of probability theory. This paper tries to integrate econometric (EC) model and input-output (IO) model to combine their advantages. An empirical study with the data of Sichuan Province was conducted, and analyzing the structural change from 2002 to 2007 and Inner mechanism. This is to test the Capability of analyzing the practical problems for the integrated model.
input-output econometric integrated model
MENG Yanju GE Shengrong
Department of Statistics & Mathematics College, Yunnan University of Finance & Economics, P.R.China, 650221
国际会议
威海
英文
312-319
2010-07-24（万方平台首次上网日期，不代表论文的发表时间）