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Modeling Labor Demand in a State Econometric Model

Author

Listed:
  • Max E. Jerrell

    (Northern Arizona University.)

  • James M. Morgan

    (Northern Arizona University.)

Abstract

This paper presents labor demand equations based on the Nadiri and Rosen (1969, 1973) theory of interrelated factor demand. These labor demand equations form a portion of a quarterly regional econometric model of the State of Arizona. Dynamic properties of the model are explored, and ex-post forecasting results of the model are compared to results obtained using a more traditional labor demand specification.

Suggested Citation

  • Max E. Jerrell & James M. Morgan, 1988. "Modeling Labor Demand in a State Econometric Model," The Review of Regional Studies, Southern Regional Science Association, vol. 18(3), pages 31-40, Fall.
    • Handle: RePEc:rre:publsh:v18:y:1988:i:3:p:31-40
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    References listed on IDEAS

    as
    1. Nadiri, M Ishaq & Rosen, Sherwin, 1969. "Interrelated Factor Demand Functions," American Economic Review, American Economic Association, vol. 59(4), pages 457-471, Part I Se.
    2. Adams, F Gerard & Brooking, Carl G & Glickman, Norman J, 1975. "On the Specification and Simulation of a Regional Econometric Model: A Model of Mississippi," The Review of Economics and Statistics, MIT Press, vol. 57(3), pages 286-298, August.
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    Cited by:

    1. David Henderson & Scott Sanford, 1991. "A Regional Model Of Import -Employment Substitution: The Case Of Textiles," The Review of Regional Studies, Southern Regional Science Association, vol. 21(1), pages 79-90, Spring.

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