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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a₁ aggregate Ann Arbor automobile automotive Battle Creek Bay City Benton Harbor Billions of 1972 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 34 factors Federal Figures in Parentheses fixed investment Flint Food 20 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 nonwage output outstate regions parameter Parentheses are t-Statistics peak percent Percentage Distribution period Personal consumption expenditures personal income Predicted Primary Metals 33 quarterly quarters regional models relative Retail Trade RMSE Saginaw SMSA SMSA employment SQEM Summary Statistics tion Total trend unemployment rate values Wage and Salary