000			05726cam a2200649Mi 4500
001			on1013948996
003			OCoLC
005			20220517104522.0
006			m d
007			cr |||||||||||
008			170724s2017 gw fobd z001 0 eng d
010			_a 2017471012
040			_aDEGRU _beng _erda _epn _cDEGRU _dVT2 _dWYU _dOCLCQ _dOCLCO _dOCLCF _dC6I _dOCLCQ _dN$T
019			_a1048182081 _a1061036525 _a1066388246 _a1084342476 _a1115078433 _a1202548048 _a1224939385 _a1235832202
020			_a311055044X
020			_a9783110550436
020			_a3110550431
020			_a9783110550443 _q(electronic bk.)
024	7		_a10.1515/9783110550443 _2doi
024	3		_a9783110550436
035			_a(OCoLC)1013948996 _z(OCoLC)1048182081 _z(OCoLC)1061036525 _z(OCoLC)1066388246 _z(OCoLC)1084342476 _z(OCoLC)1115078433 _z(OCoLC)1202548048 _z(OCoLC)1224939385 _z(OCoLC)1235832202
037			_b00017647
050		4	_aHB139
072		7	_aBUS021000 _2bisacsh
072		7	_aBUS069000 _2bisacsh
082	0	4	_a330 _223
049			_aN$TA
100	1		_aBwanakare, Second, _eauthor. _937714
245	1	0	_aNon-Extensive Entropy Econometrics for Low Frequency Series : _bNational Accounts-Based Inverse Problems / _cSecond Bwanakare.
264		1	_aWarsaw ; _aBerlin : _bDe Gruyter Open, _c[2017]
264		4	_c©2017
300			_a1 online resource
336			_atext _btxt _2rdacontent
337			_acomputer _bc _2rdamedia
338			_aonline resource _bcr _2rdacarrier
347			_atext file _bPDF _2rda
505	0	0	_tFrontmatter -- _tContents -- _tAcknowledgements -- _tSummary -- _tPART I: Generalities and Scope of the Book -- _t1 Generalities -- _tPART II: Statistical Theory of Information and Generalised Inverse Problem -- _t1 Information and its Main Quantitative Properties -- _t2 Ill-posed Inverse Problem Solution and the Maximum Entropy Principle -- _tPart III: Updating and Forecasting Input-Output Transaction Matrices -- _t1 Introduction -- _t2 The System of National Accounts -- _t3 The Input-Output (IO) Table and its Main Application -- _tPART IV: Social Accounting Matrix -- _t1 Position of the Problem -- _t2 A SAM as a Walrasian Equilibrium Framework -- _t3 The Social Accounting Matrix (SAM) Framework -- _t4 Balancing a SAM -- _t5 A SAM and Multiplier Analysis: Economic Linkages and Multiplier Effects -- _tPART V: Computable General Equilibrium Models -- _t1 A Historical Perspective -- _t2 The CGE Model Among Other Models -- _t3 Optimal Behaviour And The General Equilibrium Model -- _t4 From a SAM to a CGE Model: a Cobb-Douglas Economy -- _t5 Estimating the CGE Model Through the Maximum Entropy Principle -- _tPart VI: From Equilibrium to Real World Disequilibrium: An Environmental Model -- _t1 Introduction -- _t2 Extending to an Environmental Model -- _t3 Compensatory and Equivalent Variations: Two Types of Welfare Measurement -- _t1 Concluding Remarks -- _tAppendix -- _tAnnex C. Computational Aspects of Using GAMS -- _tAnnex D. Recovery of Pollutant Emissions by Industrial Sector and Region: an Instructional Case -- _tIndex of Subject -- _tIndex of Authors.
520			_aNon-extensive Entropy Econometrics for Low Frequency Series provides a new and robust power-law-based, non-extensive entropy econometrics approach to the economic modelling of ill-behaved inverse problems. Particular attention is paid to national account-based general equilibrium models known for their relative complexity. In theoretical terms, the approach generalizes Gibbs-Shannon-Golan entropy models, which are useful for describing ergodic phenomena. In essence, this entropy econometrics approach constitutes a junction of two distinct concepts: Jayne's maximum entropy principle and the Bayesian generalized method of moments. Rival econometric techniques are not conceptually adapted to solving complex inverse problems or are seriously limited when it comes to practical implementation. Recent literature showed that amplitude and frequency of macroeconomic fluctuations do not substantially diverge from many other extreme events, natural or human-related, once they are explained in the same time (or space) scale. Non-extensive entropy is a precious device for econometric modelling even in the case of low frequency series, since outputs evolving within the Gaussian attractor correspond to the Tsallis entropy limiting case of Tsallis q-parameter around unity. This book introduces a sub-discipline called Non-extensive Entropy Econometrics or, using a recent expression, Superstar Generalised Econometrics. It demonstrates, using national accounts-based models, that this approach facilitates solving nonlinear, complex inverse problems, previously considered intractable, such as the constant elasticity of substitution class of functions. This new proposed approach could extend the frontier of theoretical and applied econometrics.
546			_aIn English.
588	0		_aOnline resource; title from PDF title page (publisher's Web site, viewed 24. Jul 2017).
504			_aIncludes bibliographical references and indexes.
506	0		_aOpen Access _5EbpS
650		0	_aEconometrics. _923368
650		0	_aMaximum entropy method. _923369
650		0	_aBusiness cycles.
650		7	_aBusiness cycles. _2fast _0(OCoLC)fst00842457
650		7	_aEconometrics. _2fast _0(OCoLC)fst00901574 _923368
650		7	_aMaximum entropy method. _2fast _0(OCoLC)fst01012668 _923369
655		4	_aElectronic books.
776	0	8	_iPrint version: _z9783110550764
776	0	8	_iPrint version: _z9783110550436
856	4	0	_3EBSCOhost _uhttps://search.ebscohost.com/login.aspx?direct=true&scope=site&db=nlebk&db=nlabk&AN=2945147
938			_aEBSCOhost _bEBSC _n2945147
942			_cEBK
994			_aC0 _bN$T
999			_c6576 _d6576