A QUARTERLY ECONOMETRIC MODEL OF FACTOR DEMANDS IN REGIONAL MANUFACTURING
构建了一个区域制造业要素投入需求模型，区分了劳动和资本的需求与要素服务需求，使用辛辛那提都会区1963-1980年季度数据估计，重点关注动态响应。
ABSTRACT This paper presents a model of demand for factor inputs in regional manufacturing industry. Demands for labor and capital are distinguished from demands for factor services using a generalization of the disequilibrium adjustment framework of Nadiri and Rosen. The generalization allows for a richer variety of responses to external shocks and involves the distinction between systematic and error dynamics. The model is estimated for the period 1963:I‐1980:I using data from the Cincinnati SMSA and appropriate econometric techniques. Substantial attention is paid to the dynamic response of the estimated equations.