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Econometric Models of Asian Link (Paperback, Softcover reprint of the original 1st ed. 1985)
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Econometric Models of Asian Link (Paperback, Softcover reprint of the original 1st ed. 1985)
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This is the first outcome of our effort in ASIAN LINK PROJECT to
construct the econometric models of Asian developing countries and
analyze their inter-dependence with major trading partners, the
United States and Japan. The model we present here is called Asian
Link System. The countries in this system include Korea, Taiwan,
Hong Kong, China, the Philippines, Thailand, Malaysia, Singapore,
Indonesia, Japan and the United States. They are covered by
national models. The rest of the world is divided into several
regions and treated by simple proto-type models. The main
characteristics of Asian Link System are to deal with the
inter-dependent relations between Asian developing countries on the
one hand and Japan and United States on the other hand. Here are
presented these national models and the Asian Link System with the
underlying statistical data, so that any econometrician can
re-estimate our models and check the results of our research work.
Nowadays most articles and books in econometrics report only the
final results or conclusions of research so that no other
econometrician can re-calculate or re examine the findings. This is
very serious in the empirical research, because as theorists may
make mistakes, positive economists do commit errors or miss some
possible considerations. Unless statiscal data are offered, other
econometricians cannot make suggestions or improve the models. This
is the main reason why empirical research in econometrics or
applied econometrics are not making substantial progress in recent
years."
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