MODEL VALIDATION AND THE NET TRADE MODEL

The article discusses processes of validating structural forecasting models It summarizes methods of evaluating the goodness of fit of model Simulations over historical periods and methods of comparing the forecasting behavior of structural models with that of Simple time series models The net trade model provides a case study for these two validation processes

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Year of publication:	1980
Authors:	Kost, Wiliam E.
Published in:	Agricultural Economics Research. - Economic Research Service. - 1980, 2
Publisher:	Economic Research Service
Subject:	Validation \| Modeling \| Forecasting \| International trade \| Wheat \| Coarse grain \| Research and Development/Tech Change/Emerging Technologies \| Research Methods/ Statistical Methods

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Extent:	application/pdf
Type of publication:	Article
Source:	RePEc - Research Papers in Economics

Persistent link: https://www.econbiz.de/10010919897