Comment on "A Neglected Method of Separating Demand and Supply in Time Series Regression," by Stephen E. Haynes and Joe A. Stone
This article examines some difficulties associated with the Haynes-Stone model and attempts to clarify how the model can be justified as representing the hypothesis that "quantity is demand determined and price is supply determined." It also argues that the applications of such a model as...
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| Veröffentlicht in: | Journal of business & economic statistics 1988-01, Vol.6 (1), p.135-138 |
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| Format: | Artikel |
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| container_end_page | 138 |
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| container_issue | 1 |
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| container_title | Journal of business & economic statistics |
| container_volume | 6 |
| creator | Young, Kan H. |
| description | This article examines some difficulties associated with the Haynes-Stone model and attempts to clarify how the model can be justified as representing the hypothesis that "quantity is demand determined and price is supply determined." It also argues that the applications of such a model as was done by Haynes and Stone might not have resolved the controversies related to the Phillips curve and the supply function of exports (or imports). |
| doi_str_mv | 10.1080/07350015.1988.10509645 |
| format | Article |
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| fulltext | fulltext |
| identifier | ISSN: 0735-0015 |
| ispartof | Journal of business & economic statistics, 1988-01, Vol.6 (1), p.135-138 |
| issn | 0735-0015 1537-2707 |
| language | eng |
| recordid | cdi_jstor_primary_10_2307_1391426 |
| source | Periodicals Index Online; JSTOR Mathematics & Statistics; Jstor Complete Legacy |
| subjects | Balance of trade Business Demand, identification of Economic statistics Elasticity of demand Imports Phillips curve Short Communications Structural model Supply Supply and demand Supply, identification of Time series Trade balance Unemployment rates Workforce |
| title | Comment on "A Neglected Method of Separating Demand and Supply in Time Series Regression," by Stephen E. Haynes and Joe A. Stone |
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