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EFFECTS OF PARAMETRIC UNCERTAINTY AND TECHNOLOGICAL CHANGE ON INPUT-OUTPUT MODELS.

The article focuses on effects of parametric uncertainty and technological change on input-output models in the U.S. Parameters of input-output (I-O) models are not known exactly; they are subject to two major types of uncertainty. First, statistical errors in compiling the massive data base can int...

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Published in:Review of Economics & Statistics Vol. 59; no. 1; pp. 75 - 82
Main Authors: Bullard III, Clark W., Sebald, Anthony V.
Format: Article
Published: MIT Press Feb77
Subjects:
Input-output analysis
Technological innovations
Parameter estimation
Econometric models
Economic models
Mathematical economics
Uncertainty
Errors
Statistics
United States
Online Access:View this record in EBSCOhost