Consistent Sum-Constrained Models
一致性总和约束模型
Consistent sum-constrained models have often been considered intrinsically nonlinear. We study here a linearizable variant which can be applied to a wide variety of situations of interaction between socioeconomic flows. The properties of the error term of such a model are derived and we show how its parameters can be estimated using a generalized least squares procedure proposed by McGuire et al. [14]. It is further demonstrated how adding realism to the model may cause…