Originally published in 1989. ECESIS consists of 51 regional econometric models (one for each state and the District of Columbia) and a multiregional demographic model. Its distinguishing feature is the linking of sophisticated demographic accounts with sophisticated structural econometric models.
This book, looking at how strong the interactions are between population dynamics and economic activity, determines to what extent the simultaneous economic-demographic interregional model provides improved projection and simulation properties over regional economic and demographic models used independently of one another.
Table of Contents
Preface 1. Introduction, Overview and Summary 2. Output and Price Determination 3. Production Function and Capacity Constraints 4. Factor Demands 5. Wages and Income 6. Labor Force and Unemployment 7. Population Projection Techniques 8. The Demographic Model 9. Fertility, Mortality and Migration 10. Multiplier Tests 11. Alternative Demographic Models 12. Simulation Experiments 13. Conclusion, Critique and Future Research