Note---An Application of Closed-Form Error Analysis to Fiscal Impact Models

For a variety of reasons, predictive power is not always a useful criterion of model validity. One alternative is a closed-form analysis of error propogation, but often the exact functional form is too unwieldy to use. A similar analysis is performed here, using a Taylor series approximation to the impact-multiplier submodel of a fiscal impact model, developed for coal and oil shale assessment.

MoreLess

Year of publication:	1982
Authors:	Gulley, David A.
Published in:	Management Science. - Institute for Operations Research and the Management Sciences - INFORMS, ISSN 0025-1909. - Vol. 28.1982, 2, p. 213-217
Publisher:	Institute for Operations Research and the Management Sciences - INFORMS
Subject:	forecasting \| natural resources: energy

More details

Extent:	application/pdf
Type of publication:	Article
Other identifiers:	10.1287/mnsc.28.2.213 [DOI]
Source:	RePEc - Research Papers in Economics

Persistent link: https://www.econbiz.de/10009218344