Murty, K.N.; Soumya, A. - In: International Journal of Trade and Global Markets 4 (2011) 2, pp. 187-211
This paper attempts to improve the aggregative, structural, macroeconometric model for India that has been under development by the author and his associates in recent years. Specifically, it uses 3SLS with simultaneously iterative weighing matrix and coefficients. This gave more efficient...