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This paper examines the efficiency gains yielded from estimating multiple equation cointegrated systems as compared to their single equation counterparts. In particular, this paper is concerned with the ability of utilizing the cointegrating information to improve forecasting performance....
Persistent link: https://www.econbiz.de/10009210156
Cutler H. and Davies S. The economic consequences of productivity changes: a computable general equilibrium (CGE) analysis, Regional Studies. This paper uses a data-intensive CGE model to examine sector-specific impacts of increases in total factor productivity and labour and capital...
Persistent link: https://www.econbiz.de/10008773802
It is common in empirical regional economics to use total employment as an explanatory variable while investigating issues such as the level and distribution of income and migration. This paper argues that sector-specific changes in employment and labor market performance can have different...
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