Isolation of Lagged Economic Responses

作者: James E. Martin

DOI: 10.2307/1237075

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摘要: A procedure is illustrated for isolating distributed lags between two selected subsets of independent variables and the dependent variable in demand equations. The applied to equations representing pork. results analyses suggest that conventionally formulated lag models, i.e., models containing assumption all possess same distribution, not only may produce biased elasticity estimates but also frequently lead incorrect interpretations dynamic relationship changes per capita income consumption.

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