Abstract
According to a very general definition a model is a representation of a set of empirical phenomena which enables one to answer, in a sufficiently realistic way, certain questions about the described reality. The type of questions asked has implications for the nature of the description, if only because of reasons of tractability. A road map contains less detail then an ordnance map, but is clearly more practical when traversing with some speed a particular area. Likewise, one can conceive of a whole variety of empirical economic models of the European Community, differing in purpose and consequently differing in emphasis and the type and amount of detail supplied.
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© 1982 Martinus Nijhoff Publishers, The Hague
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Barten, A.P. (1982). Econometric Model Building for the Common Market. In: Paelinck, J.H.P. (eds) Qualitative and Quantitative Mathematical Economics. Advanced Studies in Theoretical and Applied Econometrics, vol 1. Springer, Dordrecht. https://doi.org/10.1007/978-94-009-7526-2_3
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DOI: https://doi.org/10.1007/978-94-009-7526-2_3
Publisher Name: Springer, Dordrecht
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