M.Com. (Economics) / In this study the use of distributed lags in the estimation of econometric equations is discussed with special reference to Shirley Almon's model of polinomically distributed lags. In chapter 2 of this study possible reasons for the existence of distributed lags as well as a number of distributed lag models are discussed. In chapter 3 the estimation of Almon lag models with and without the existence of end restrictions is discussed with special mention of the practical problems associated with such estimations. In chapter 4 the estimation of multi-variable Almon lags and the benefit of computer programs in the estimation thereof are discussed. In chapter 5 a procedure is given for the estimation of Almon lag models with examples of the estimation of two fuctions: Investment: Private: Non-Agriculture (IPNL) and Exports Excluding Gold (XSG).
| Identifer | oai:union.ndltd.org:netd.ac.za/oai:union.ndltd.org:uj/uj:13164 |
| Date | 09 February 2015 |
| Source Sets | South African National ETD Portal |
| Detected Language | English |
| Type | Thesis |
| Rights | University of Johannesburg |
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