D.Com. (Econometrics) / The main aim with the thesis was to outline the use of regional econometric modelling as a technique for the modelling of the interdependency in the development regions of South Africa. In particular, an regional econometric model of Region H was constructed. There is no doubt that modelling is here to stay - as part of the analytical process used in scholarly studies and in applications, especially for making policy in both the public and privatedomain. Although macro-econometric modelling has been withus for sometime, the art of building large-scale· regional economic models is relatively new, especially in South Africa where such models have never been in use. The problem of forecasting regional economic activity has become an important component of regional research. The most frequently used forecasting techniques have been input-output model. A regional econometric model can be defined as a set of equations, sometimes highly simultaneous, describing the economic structure of a regional economy. The parameters of the equations are estimated economically largely by regression equations.
| Identifer | oai:union.ndltd.org:netd.ac.za/oai:union.ndltd.org:uj/uj:12704 |
| Date | 29 October 2014 |
| Source Sets | South African National ETD Portal |
| Detected Language | English |
| Type | Thesis |
| Rights | University of Johannesburg |
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