Gauging the performance of the linear-quadratic inventory model

被引：2
|
作者：
Bivin, DG [1 ]
机构：
[1] Indiana Univ Purdue Univ, Dept Econ, Indianapolis, IN 46202 USA
来源：
APPLIED ECONOMICS | 2005年 / 37卷 / 11期
关键词：
D O I：
10.1080/00036840500118317
中图分类号：
F [经济];
学科分类号：
02 ;
摘要：
The explanatory and predictive abilities of the infinite-horizon linear-quadratic inventory model are gauged using the flexible-accelerator model as a baseline. Tests of explanatory power for six nondurables industries indicate that the flexible accelerator has superior explanatory power for inventories and output in the majority of industries. Tests of predictive ability during the late 1990s also support the superiority of the flexible-accelerator model.
引用
收藏
页码：1215 / 1231
页数：17
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