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The Solution of Qualitative Comparative Static Problems

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  • Kelvin Lancaster

Abstract

Introduction, 278. — Setting up the problem for solution, 282. — The solution algorithm, 282. — Interpretation of the solution, 284. — Systems with more than (n + 1) variables, 285. — Illustration: a 5 × 8 macromodel, 286. — Solutions with zero elements, 290. — Degenerate systems, 291. — Constant sign determinants, 292. — Appendix, 292.

Suggested Citation

  • Kelvin Lancaster, 1966. "The Solution of Qualitative Comparative Static Problems," The Quarterly Journal of Economics, President and Fellows of Harvard College, vol. 80(2), pages 278-295.
    • Handle: RePEc:oup:qjecon:v:80:y:1966:i:2:p:278-295.
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    File URL: http://hdl.handle.net/10.2307/1880693
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    Citations

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    Cited by:

    1. Lady, George M., 1995. "Robust economic models," Journal of Economic Dynamics and Control, Elsevier, vol. 19(3), pages 481-501, April.
    2. Giorgio Lunghini, 1970. "Qualitative analysis, determinacy and stability," Quality & Quantity: International Journal of Methodology, Springer, vol. 4(2), pages 299-324, December.
    3. Andrew J. Buck & George M. Lady, 2015. "A New Approach to Model Verification, Falsification and Selection," Econometrics, MDPI, vol. 3(3), pages 1-28, June.
    4. Wen, Lan-jiao & Butsic, Van & Stapp, Jared R. & Zhang, An-lu, 2020. "What happens to land price when a rural construction land market legally opens in China? A spatiotemporal analysis of Nanhai district from 2010 to 2015," China Economic Review, Elsevier, vol. 62(C).
    5. Manfred Gilli & Gilbert Ritschard & Daniel Royer, 1983. "Pour une approche structurale en économie," Revue Économique, Programme National Persée, vol. 34(2), pages 277-304.
    6. Buck, Andrew J. & Lady, George M., 2005. "Falsifying economic models," Economic Modelling, Elsevier, vol. 22(5), pages 777-810, September.
    7. P. J. Lloyd, 1969. "Qualitative Calculus and Comparative Static Analysis," The Economic Record, The Economic Society of Australia, vol. 45(3), pages 343-353, September.
    8. Lady, George M. & Buck, Andrew J., 2011. "Structural models, information and inherited restrictions," Economic Modelling, Elsevier, vol. 28(6), pages 2820-2831.

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