IDEAS home Printed from
   My bibliography  Save this article

Dynamic Models in Econometrics: Classification, Selection and the Role of Stock Variables in Economic Development


  • Guisan, M.C.


We analyze the specification selection of econometric models with dynamic components for explaining economic growth of one or more variables: models in levels, models in first differences and several kinds of mixed models, including the simple mixed dynamic model and the EC Model. We have into account goodness of fit, significance of parameters, cointegration, contemporaneous and lagged relations and forecasting performance, with particular focus on the role of stock variables, through bilateral dynamic relationships, in explaining propagation movements of great importance for economic development. This research has been performed from a disequilibrium approach to the analysis of causal relations in economic growth and development, having into account both demand and supply sides.

Suggested Citation

  • Guisan, M.C., 2006. "Dynamic Models in Econometrics: Classification, Selection and the Role of Stock Variables in Economic Development," International Journal of Applied Econometrics and Quantitative Studies, Euro-American Association of Economic Development, vol. 3(2), pages 87-102.
  • Handle: RePEc:eaa:ijaeqs:v:3:y2006:i:2_5

    Download full text from publisher

    File URL:
    Download Restriction: No

    More about this item


    Access and download statistics


    All material on this site has been provided by the respective publishers and authors. You can help correct errors and omissions. When requesting a correction, please mention this item's handle: RePEc:eaa:ijaeqs:v:3:y2006:i:2_5. See general information about how to correct material in RePEc.

    For technical questions regarding this item, or to correct its authors, title, abstract, bibliographic or download information, contact: (M. Carmen Guisan). General contact details of provider: .

    If you have authored this item and are not yet registered with RePEc, we encourage you to do it here. This allows to link your profile to this item. It also allows you to accept potential citations to this item that we are uncertain about.

    We have no references for this item. You can help adding them by using this form .

    If you know of missing items citing this one, you can help us creating those links by adding the relevant references in the same way as above, for each refering item. If you are a registered author of this item, you may also want to check the "citations" tab in your RePEc Author Service profile, as there may be some citations waiting for confirmation.

    Please note that corrections may take a couple of weeks to filter through the various RePEc services.

    IDEAS is a RePEc service hosted by the Research Division of the Federal Reserve Bank of St. Louis . RePEc uses bibliographic data supplied by the respective publishers.