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A Note on Leser's Paper "A New Basic Model of the Irish Economy". ESRI Memorandum Series No. 49 1966(?)

Geary, R.C. (1966) A Note on Leser's Paper "A New Basic Model of the Irish Economy". ESRI Memorandum Series No. 49 1966(?). [Policy Paper]

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    Abstract

    Conrad Leser is our most ingenious model-maker. His latest, consisting of four behaviouristic equations and one identity, yields coefficients of determination (R2) exceeding .93 for all four endogenous variables, prima facie a very satisfactory result as these variable are first differences. The high R2s helped, it is true by two dummy variables z and z' to take care of exceptional figures, e.g. due to the incidence of import levies in 1956. The time unit is a year and the data refer to the years 1953-65 which yield 12 sets of first differences.

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    Item Type: Policy Paper
    Subjects for non-EU documents: Countries > Ireland
    EU policies and themes > Policies & related activities > economic and financial affairs > general
    Subjects for EU documents: UNSPECIFIED
    EU Series and Periodicals: UNSPECIFIED
    EU Annual Reports: UNSPECIFIED
    Series: Series > Economic and Social Research Institute (ESRI), Dublin > ESRI Memorandum Series
    Depositing User: Alyssa McDonald
    Official EU Document: No
    Language: English
    Date Deposited: 07 Jul 2017 12:32
    Number of Pages: 6
    Last Modified: 07 Jul 2017 12:32
    URI: http://aei.pitt.edu/id/eprint/88165

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