A Regional Econometric Forecasting System: Major Economic Areas of Michigan |
Contents
Review of Regional Economic Studies | 14 |
Description of the Major Regions in Michigan | 31 |
Appendix to Chapter 3 Income Employment and Unemployment | 55 |
Copyright | |
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Common terms and phrases
aggregate Ann Arbor automobile automotive average B₁ Battle Creek Bay City Benchmark Model Benton Harbor Billions of current capital changes chapter coefficients component Construction County cyclical Dependent Variable Detroit Dummy variable dynamic simulation earnings Econometric Model economic activity employment model error Estimated Structure estimating equations export Fabricated Metals factors Federal Figures in Parentheses fixed investment Flint forecast Grand Rapids increase Index indicated Jackson Kalamazoo labor force labor market lagged Lansing manufacturing employment ment metropolitan areas Michigan U.S. MQEM data bank Muskegon Nondurables Nonelectrical Machinery output outstate regions parameter Parentheses are t-Statistics peak percent Percentage Distribution period Personal consumption expenditures personal income Predicted Primary Metals quarterly quarters regional models relative Retail Trade Saginaw seasonally adjusted SMSA SMSA employment SQEM Summary Statistics tion Total Transportation Equipment trend U.S. Department unemployment rate values Wage and Salary