HERMIN Spain
This paper describes the main features of HERMIN Spain, a macroecometric model of the Spanish economy. The basic philosophy underlying the design of HERMIN Spain is twofold. On the one hand, we try to construct a fairly simple and flexible core model of our economy, which could, nevertheless, replic...
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| Published in: | Economic modelling Vol. 12; no. 3; pp. 295 - 311 |
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| Main Authors: | , |
| Format: | Journal Article |
| Language: | English |
| Published: |
London
Elsevier B.V
01-07-1995
Elsevier Butterworths Elsevier Science Ltd |
| Series: | Economic Modelling |
| Subjects: | |
| Online Access: | Get full text |
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| Abstract | This paper describes the main features of HERMIN Spain, a macroecometric model of the Spanish economy. The basic philosophy underlying the design of HERMIN Spain is twofold. On the one hand, we try to construct a fairly simple and flexible core model of our economy, which could, nevertheless, replicate its main relationships. on the other hand, it requires strict comparability with other similar models built for Greece, Ireland and Portugal, in order to use them in a joint research project to assess the effects of the Community Support Frameworks on growth in the European periphery. |
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| AbstractList | The main features of HERMIN Spain, a macroeconometric model of the Spanish economy, are described. The basic philosophy underlying the design of HERMIN Spain is twofold. A fairly simple and flexible core model of the economy is constructed which could replicate its main relationships. However, it requires strict comparability with other similar models built for Greece, Ireland, and Portugal, in order to use them in a joint research project to assess the effects of the Community Support Frameworks on growth in the European periphery. This paper describes the main features of HERMIN Spain, a macroecometric model of the Spanish economy. The basic philosophy underlying the design of HERMIN Spain is twofold. On the one hand, we try to construct a fairly simple and flexible core model of our economy, which could, nevertheless, replicate its main relationships. on the other hand, it requires strict comparability with other similar models built for Greece, Ireland and Portugal, in order to use them in a joint research project to assess the effects of the Community Support Frameworks on growth in the European periphery. |
| Author | Sosvilla-Rivero, Simón Herce, José-Antonio |
| Author_xml | – sequence: 1 givenname: José-Antonio surname: Herce fullname: Herce, José-Antonio organization: Fundación de Estudios de Economía Aplicada (FEDEA), Jorge Juan, 46, 28001 Madrid, Spain – sequence: 2 givenname: Simón surname: Sosvilla-Rivero fullname: Sosvilla-Rivero, Simón organization: Fundación de Estudios de Economía Aplicada (FEDEA), Jorge Juan, 46, 28001 Madrid, Spain |
| BackLink | http://econpapers.repec.org/article/eeeecmode/v_3a12_3ay_3a1995_3ai_3a3_3ap_3a295-311.htm$$DView record in RePEc |
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| References | Herce, Sosvilla-Rivero (BIB8) 1994 Andrés, Molinas, Taguas (BIB2) 1991 (BIB11) 1991 INE (BIB9) 1991 García Delgado (BIB6) 1993 Herce, Sosvilla-Rivero (BIB7) 1994 Drèze, Bean (BIB5) 1990 Ballabriga, Molinas, Sebastián, Zabalza (BIB3) 1993; 9 De Hevia, Novales (BIB4) 1992 (BIB14) 1993 Layard, Nickell, Jackman (BIB10) 1991 Sosvilla-Rivero, Herce (BIB13) 1994 Anderson (BIB1) 1993 Molinas, Ballabriga, Canadell, Escribano, López, Manzanedo, Mestre, Sebastían, Taguas (BIB12) 1990 Ballabriga (10.1016/0264-9993(95)00010-G_BIB3) 1993; 9 Layard (10.1016/0264-9993(95)00010-G_BIB10) 1991 Anderson (10.1016/0264-9993(95)00010-G_BIB1) 1993 De Hevia (10.1016/0264-9993(95)00010-G_BIB4) 1992 (10.1016/0264-9993(95)00010-G_BIB11) 1991 Drèze (10.1016/0264-9993(95)00010-G_BIB5) 1990 Molinas (10.1016/0264-9993(95)00010-G_BIB12) 1990 Herce (10.1016/0264-9993(95)00010-G_BIB8) 1994 Andrés (10.1016/0264-9993(95)00010-G_BIB2) 1991 Herce (10.1016/0264-9993(95)00010-G_BIB7) 1994 INE (10.1016/0264-9993(95)00010-G_BIB9) 1991 García Delgado (10.1016/0264-9993(95)00010-G_BIB6) 1993 Sosvilla-Rivero (10.1016/0264-9993(95)00010-G_BIB13) 1994 (10.1016/0264-9993(95)00010-G_BIB14) 1993 |
| References_xml | – year: 1991 ident: BIB2 article-title: Una función de consumo privado para la economïa española: Aplicación del análisis de cointegración publication-title: La Economía Española. Una Perspective Macroeconómica contributor: fullname: Taguas – year: 1992 ident: BIB4 article-title: Es la participación Activa Procíclica en España? publication-title: Working paper 92-05 contributor: fullname: Novales – year: 1991 ident: BIB10 article-title: Unemployment, Macroeconomic Performance and The Labour Market contributor: fullname: Jackman – year: 1991 ident: BIB9 article-title: Contabilidad Nacional de España. Base 1985. Serie Contable 1985–1990 y Tabala Input-Output 1987 contributor: fullname: INE – year: 1990 ident: BIB12 article-title: Moisees. Un Modelo de Investigación y Simulción de la Economía Española contributor: fullname: Taguas – year: 1990 ident: BIB5 article-title: Europe's unemployment problem: introduction and synthesis publication-title: Europe's Unemployment Problem contributor: fullname: Bean – year: 1994 ident: BIB7 article-title: HERMINS3: A Three-Sector Structural Model of the Spanish Economy for the Analysis of Community Support Frameworks publication-title: Working paper 94-01 contributor: fullname: Sosvilla-Rivero – volume: 9 start-page: 96 year: 1993 end-page: 112 ident: BIB3 article-title: Demand rationing and capital constraints in the Spanish economy: 1964–1988 publication-title: Economic Modelling contributor: fullname: Zabalza – year: 1993 ident: BIB6 article-title: España, Economica contributor: fullname: García Delgado – start-page: 76 year: 1993 end-page: 89 ident: BIB1 article-title: Spain: evaluating the effects of macro policy using an econometric model publication-title: National Institute Economic Review contributor: fullname: Anderson – year: 1991 ident: BIB11 publication-title: La Economía Española. Una Perspectiva Macroeconómica – year: 1993 ident: BIB14 publication-title: Los Servicios en España. Situación y Tendencias – year: 1994 ident: BIB13 article-title: HERMIN-S4: A Four-Sector Structural Model of the Spanish Economy for the Analysis of Community Support Frameworks publication-title: Working paper 94-08 contributor: fullname: Herce – year: 1994 ident: BIB8 article-title: The Effects of the Community Support Frameworks 1994–1999 on the Spanish Economy: An Analysis based on the HERMIN Model publication-title: Working paper 94-10R contributor: fullname: Sosvilla-Rivero – year: 1994 ident: 10.1016/0264-9993(95)00010-G_BIB13 article-title: HERMIN-S4: A Four-Sector Structural Model of the Spanish Economy for the Analysis of Community Support Frameworks contributor: fullname: Sosvilla-Rivero – year: 1993 ident: 10.1016/0264-9993(95)00010-G_BIB14 – year: 1990 ident: 10.1016/0264-9993(95)00010-G_BIB5 article-title: Europe's unemployment problem: introduction and synthesis contributor: fullname: Drèze – year: 1991 ident: 10.1016/0264-9993(95)00010-G_BIB11 – volume: 9 start-page: 96 year: 1993 ident: 10.1016/0264-9993(95)00010-G_BIB3 article-title: Demand rationing and capital constraints in the Spanish economy: 1964–1988 publication-title: Economic Modelling doi: 10.1016/0264-9993(93)90002-W contributor: fullname: Ballabriga – year: 1994 ident: 10.1016/0264-9993(95)00010-G_BIB8 article-title: The Effects of the Community Support Frameworks 1994–1999 on the Spanish Economy: An Analysis based on the HERMIN Model contributor: fullname: Herce – year: 1991 ident: 10.1016/0264-9993(95)00010-G_BIB10 contributor: fullname: Layard – year: 1991 ident: 10.1016/0264-9993(95)00010-G_BIB2 article-title: Una función de consumo privado para la economïa española: Aplicación del análisis de cointegración contributor: fullname: Andrés – year: 1993 ident: 10.1016/0264-9993(95)00010-G_BIB6 contributor: fullname: García Delgado – year: 1994 ident: 10.1016/0264-9993(95)00010-G_BIB7 article-title: HERMINS3: A Three-Sector Structural Model of the Spanish Economy for the Analysis of Community Support Frameworks contributor: fullname: Herce – year: 1991 ident: 10.1016/0264-9993(95)00010-G_BIB9 contributor: fullname: INE – start-page: 76 issue: No 146 year: 1993 ident: 10.1016/0264-9993(95)00010-G_BIB1 article-title: Spain: evaluating the effects of macro policy using an econometric model publication-title: National Institute Economic Review doi: 10.1177/002795019314600106 contributor: fullname: Anderson – year: 1992 ident: 10.1016/0264-9993(95)00010-G_BIB4 article-title: Es la participación Activa Procíclica en España? contributor: fullname: De Hevia – year: 1990 ident: 10.1016/0264-9993(95)00010-G_BIB12 contributor: fullname: Molinas |
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| Title | HERMIN Spain |
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