Microeconometrics in Business Management

Intro -- Title Page -- Table of Contents -- About the Author -- Preface -- Acknowledgment -- 1 A single-equation econometric model -- 1.1 The essence of an econometric model -- 1.2 Specification of an econometric model -- 1.3 Estimation of an econometric model's parameters -- 1.4 Verification of the model -- 1.5 Multiplicative econometric models -- 1.6 The limited endogenous variables -- 1.7 Econometric forecasting -- 2 Multiple-equation econometric models -- 2.1 Classification of multiple-equation models -- 2.2 A reduced form of the model -- 2.3 Identification of the model -- 2.4 Estimation of the parameters of a multiple-equation econometric model -- 2.5 Forecasts estimation based on multiple-equation models -- 3 Econometric modeling of a large- and medium-sized enterprise's economic system -- 3.1 Specification of a large- and medium-sized enterprise's econometric model -- 3.2 Structural form of an econometric model of a large- and medium-sized enterprise -- 3.3 Empirical econometric model of a medium-sized enterprise -- 3.4 Application of the company's model during a decision-making process -- 4 An empirical econometric model of a small-sized enterprise -- 4.1 Specification of a small-sized enterprise's econometric model -- 4.2 The structural form of a small-sized enterprise's econometric model -- 4.3 Equation of the cash inflows -- 4.4 Equation of the sales income -- 4.5 Equations of ready-made production -- 4.6 Equation of labor efficiency -- 4.7 Equations of the average wage -- 4.8 Equations of the net payroll -- 4.9 The employment equation45 -- 4.10 Equations of the fixed assets -- 4.11 Equations of wage effectiveness -- 4.12 Equations of the efficiency of implementing the fixed assets -- 4.13 Practical applicability of a small-sized enterprise's model -- 5 Econometric modeling in management of small-sized enterprise.