Economic Structure and Policy with Applications to the British Economy (Cambridge Studies in Applied Econometrics)

by T. S. Barker

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Book cover for Economic Structure and Policy with Applications to the British Economy

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Since the first statement of the aims and methods of the Cambridge Growth Project, which appeared in 1962 as the first number of our former series A Programme for Growth, we have produced a volume on the state ofthe model and on projections derived from it at roughly five year intervals: Exploring 1970 (1965), Exploring 1972 (1970) and now the present book. A comparison of these publications shows the directions in which we have developed our model. First, we have been able to model more parts of the economy and to model them better; and, second, by adopting a targets-and-instruments approach, we have been able to tackle questions of policy. As a consequence of the first of these improvements, the model has become more closely knit and variables which were previously exogenous have become endogenous; and, as a consequence of the second, the model has become less rigid and can be used to suggest policies for correcting some ofthe undesir able features that emerge from the projections."
  • ISBN10 0412143909
  • ISBN13 9780412143908
  • Publish Date 11 November 1976
  • Publish Status Out of Print
  • Out of Print 16 October 1992
  • Publish Country GB
  • Publisher Taylor & Francis Ltd
  • Imprint Chapman and Hall
  • Format Hardcover
  • Pages 440
  • Language English