Some Simple Thoughts on Model Building for Developing Countries

The revival of interest in using models for developing countries for planning and policy advice makes it desirable to draw lessons from past experience. Simple models, focussed on specific issues, are to be preferred to large and comprehensive models. More empirical research is needed on supply and...

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Bibliographic Details
Published in:Pakistan development review 1983-07, Vol.22 (2), p.63-71
Main Author: Bos, Henk C.
Format: Article
Language:English
Subjects:
Analysis
Countries
Developing countries
Economic aspects
Economic development
Economic model construction
Economic modeling
Economic models
Economics
Management
Model making
Modeling
Thailand
Urban economics
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Summary:The revival of interest in using models for developing countries for planning and policy advice makes it desirable to draw lessons from past experience. Simple models, focussed on specific issues, are to be preferred to large and comprehensive models. More empirical research is needed on supply and production functions for developing countries. Not statistical criteria but developmental considerations must determine the conclusions to be drawn from models. More explicit explanations of assumptions and modesty in presenting results of modelling work to policy makers are desirable.
ISSN:0030-9729
DOI:10.30541/v22i2pp.63-71