A dynamic specification of an AIDS import allocation model |
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| Authors: | B J Van Heeswijk P M C de Boer R Harkema |
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| Institution: | 1. BSO, Utrecht, The Netherlands
2. Econometric Institute, Erasmus University Rotterdam, P.O. Box 1738, 3000 DR, Rotterdam, The Netherlands
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| Abstract: | In this paper we use the first-order autoregressive scheme in order to introduce dynamics into the AIDS model. We also consider the theoretical restrictions of additivity, homogeneity and symmetry, and use two different specifications of the covariance matrix. We estimate the models using import allocation data for the UK 1952–1979 of five EEC countries and test different specifications against each other. |
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