SOCIOECONOMIC MODELS FOR DEVELOPMENT PLANNING, I: VALIDATIOIN METHODS

Wilbur R. Maki

No 14064, Staff Papers from University of Minnesota, Department of Applied Economics

Abstract: The purpose of this paper is to assess alternate strategies of socioeconomic model validation. An extensive literature review provided the delineation of validation methods and, also, brief summaries of each type of validation. Finally, personal experience in the implementation and use of regional economic impact forecasting and simulation systems was used in outlining the structure and the steps of play of a simulation/gaming model for testing the validation methods listed earlier.

Keywords: Community/Rural/Urban; Development (search for similar items in EconPapers)
Pages: 18
Date: 1981
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Persistent link: https://EconPapers.repec.org/RePEc:ags:umaesp:14064

DOI: 10.22004/ag.econ.14064

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