A note on the aggregation of slack and s
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Tsang Shu-ki
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Article
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1990
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Springer US
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English
β 807 KB
This note attempts to identify the key methodological problems that remain unsolved in the controversy about the aggregation of slack and shortage in disequilibrium econometric models of centrally planned economies (CPEs). The procedure of 'smoothing by aggregation' implemented by Burkett (1988) is