We construct limiting and small sample distributions of maximum likelihood estimators (mle) from the property that they satisfy the first order condition (foc). The foc relates the mle of the analyzed model to the mle of an encompassing model and shows that the mle of the analyzed model is a...

The paper presents the basics of a new and flexible approach to statistically modelling the activities of multi-sectoral economies (Tran Van Hoa, 1992) and applies it to study investment in five major East Asian countries (ie, China, Indonesia, Korea, Malaysia and Thailand) during the period...

A rank three demand system incorporating labour force participation, non-separability of demands from excluded goods and non-exeact aggregation in income and household characteristics is estimated using United States Consumer Expenditue Survey microdata.