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Distributed Control of Econometric Data Bases and Models

In: National Income and Economic Progress

Author

Listed:
  • Ippei Sugiura

Abstract

A remarkable development is now taking place in the field of econometrics because of the rapid progress of personal computers. The price of a personal computer which has enough capacity to carry out full-scale econometric research is now much lower than that of a small car. Many econometricians are now doing without large-scale computers and are free from the burden of obtaining large computing budgets. The fact that any research worker can own and run in his office or at home a personal computer of much the same capacity as a large-scale computer, will surely have a profound effect on the evolution of econometrics. Even theoretical economists have began to utilise personal computers to prove their theorems.

Suggested Citation

  • Ippei Sugiura, 1988. "Distributed Control of Econometric Data Bases and Models," Palgrave Macmillan Books, in: Duncan Ironmonger & J. O. N. Perkins & Tran Hoa (ed.), National Income and Economic Progress, chapter 5, pages 70-103, Palgrave Macmillan.
    • Handle: RePEc:pal:palchp:978-1-349-19340-0_6
    DOI: 10.1007/978-1-349-19340-0_6
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