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THE PROPOSED CLASS OF MODELS
SOME PROBLEMS OF ESTIMATION
THE THEORETICAL RELATIONSHIPS IN THE MODEL
4 other sections not shown
activities actual values assumed assumption coefficients Cohen considered consistent correlated cost reduction decision variables discussed Distributed Lags Econometric Econometrica economic effects elasticity elements endogenous variables equations models example exogenous expected values explanatory variables factors FAP(t FCE(t FCS(t firm's operations firm's products firm's sales fixed numbers FMC(t FME(t FOP(t Forec FPE(t FSD(t FSE(t Herman Wold home laundry equipment hypothesized iables Ibid included industry influence interactions inventory k-class least squares estimates likelihood function linear m+-l manufacturing engineering expenses matrix maximum likelihood estimates model for synthesis Models for analysis OLS estimates ordinary least squares output policies predetermined variables principal components problems profits rate equations reaction variables reasonable regression equations relationships Results Of Simulations sales expenses sample Simulations with Model simultaneous equations simultaneous equations models single equation forecasts specific statistical structural equations subject firm Subsystem timates tion TSLS tth period zero zero matrix