General-to-specific modelling

摘要: This paper discusses the econometric methodology of general-to-specific modeling, in which modeler simplifies an initially general model that adequately characterizes empirical evidence within his or her theoretical framework. Central aspects this approach include theory reduction, dynamic specification, selection procedures, criteria, comparison, encompassing, computer automation, and implementation. thus reviews summarizes econometrics selection, noting modeling is practical embodiment reduction. then fifty-seven articles key to development modeling.