An econometric model of the Japanese wool industry
This study builds a monthly econometric model of the Japanese Wool Textile Industry for the period from January 1968 to February 1975. In developing equations to explain responses in the four major production sectors of the industry, particular attention has been paid t o the influences of stocks and the general level of Japanese economic activity. Besides the traditional goodness of fit statistics for each equation, simulation experiments conducted with the final version of the model...[Show more]
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