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This paper examines the nature of uncertainty in integrated econometric+input-output (ECIO) regional models. We focus on three sources of uncertainty: [a] econometric model parameter uncertainty; [b] econometric disturbance term uncertainty; and [c] input-output coefficient uncertainty. Through...
Persistent link: https://www.econbiz.de/10005119022
This article shows how macroeconomic indicators of sustainable development can be applied to the Queensland economy. While recognising the complex and contentious theoretical and practical issues in deriving the Genuine Savings Rate (GSR) to serve as such an indicator, we use the World Bank's...
Persistent link: https://www.econbiz.de/10005305715