REVISTA ACADÉMICA ECO

27

Table 3

Evaluation of the EM by Economic Modeling Approach (40 Variables)

No.

Modeling Approach

Total

%

1

Predicting economic modelling 

1456

82%

2

Monitoring economic modeling 

142

8%

3

Simulation economic modelling 

178

10%

 

Total

1775

100%

4

Empirical economic modelling

1331

75%

5

Theoretical economic modelling 

444

25%

 

Total

1775

100%

6

Primary data economic modelling 

18

1%

7

Secondary data economic modelling 

1757

99%

 

Total

1775

100%

8

Long run economic modelling 

1686

95%

9

Short run economic modelling 

89

5%

 

Total

1775

100%

10

Linear regression analysis

89

5%

11

Multiple regression analysis 

302

17%

12

Times series data analysis

408

23%

13

Cross-sectional data analysis

568

32%

14

Panel data analysis

408

23%

 

Total

1775

100%

15

2-Dimensional graphical modelling

1757

99%

16

3-Dimensional graphical modelling

18

1%

 

Total

1775

100%

17

Economics policy modelling

 

1740

98%

18

Technological policy modelling 

18

1%

19

Environment policy modelling 

18

1%

 

Total

1775

100%

20

Original theoretical framework 

18

1%

21

Traditional theoretical framework 

1633

92%

22

Extension theoretical framework

124

7%

 

Total

1775

100%

23

Private sector  modelling 

0

0%

24

Public sector modelling 

1775

100%

25

Macroeconomics modelling

1740

98%

26

Microeconomics modelling

36

2%

Total

1775

100%

27

Partial equilibrium modelling

178

10%

28

General equilibrium modelling

1598

90%

Total

1775

100%