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Original Article

Ekonomik Yaklasim. 1999; 10(33): 84-91


A THEORETICAL COMPARISON BETWEEN METHODS OF HENDRY AND SIMS

Funda YURDAKUL.

Abstract
This paper attempts to theoretically compare Hendry's general to specific modeliing and Vector Autoregressive (VAR) approach by Sims. It may be argued that Hendry's model is more appropriate for structural analysis. On the other hand, VAR modeliing can provide more information for the researchers whose main purpose is to make predictions and simulation.

Key words: na



Article Language: Turkish English


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