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Quarterly PCE Models

  • Lester D. Taylor
Chapter

Abstract

In this chapter, wepresent the results from the models that have been applied to the quarterly PCE data for 1947Q1 through 2005Q4 for the PCE categories listed in Table 13.1. The format in both this and the next chapter will be to tabulate the results for each category of expenditure in a separate table. The information presented will include the coefficients and their associated t-ratios, R 2, Durbin–Watson (dw), Durbin-h (h), and Dickey–Fuller (d-f) statistics for the estimating equation, structural coefficients for the underlying theoretical model, together with the total-expenditure and price elasticities.

Keywords

Statistical Quality Total Expenditure Price Elasticity Habit Formation Budget Share 
These keywords were added by machine and not by the authors. This process is experimental and the keywords may be updated as the learning algorithm improves.

Copyright information

© Springer Science+Business Media, LLC 2010

Authors and Affiliations

  1. 1.Department of EconomicsUniversity of ArizonaTucsonUSA

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