On the specification of accelerator coefficients in dynamic factor demand models

Ingmar R. Prucha, M. Ishaq Nadiri

    Research output: Contribution to journalArticlepeer-review

    Abstract

    Recent empirical application of dynamic factor demand models employed different formulae for the accelerator coefficient. In this note we compare and analyze the respective formulae used for the accelerator coefficient.

    Original languageEnglish (US)
    Pages (from-to)123-129
    Number of pages7
    JournalEconomics Letters
    Volume35
    Issue number2
    DOIs
    StatePublished - Feb 1991

    ASJC Scopus subject areas

    • Finance
    • Economics and Econometrics

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