Abstract
This book is about the development, estimation and application of a model of economic structure. The first aim of this research is the description and explanation of past economic behaviour. But the recent past is of more than just academic interest: it usually provides the best evidence as to what will happen in the future. If economic policy is to be as informed as possible it should take this evidence into account. The second aim of the research is the future projection of the British economy in such a way that the consequences of alternative economic policies can be clearly presented.
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© 1976 Richard Stone, T.S. Barker, D.A. Livesey, A.S. Deaton, A.W.A. Peterson, L.A. Winters, J.A. Beath, V.H. Woodward and M.A. King
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Barker, T.S. (1976). Models, Projections and Policies. In: Barker, T.S. (eds) Economic Structure and Policy. Cambridge Studies in Applied Econometric, vol 2. Springer, Dordrecht. https://doi.org/10.1007/978-94-009-5764-0_1
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DOI: https://doi.org/10.1007/978-94-009-5764-0_1
Publisher Name: Springer, Dordrecht
Print ISBN: 978-94-009-5766-4
Online ISBN: 978-94-009-5764-0
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