THE PAKISTAN DEVELOPMENT REVIEW
Some Simple Thoughts on Model Building for Developing Countries
The revival of interest in using models for developing countries for planning and policy advice makes it desirable to draw lessons from past experience. Simple models, focussed on specific issues, are to be preferred to large and comprehensive models. More empirical research is needed on supply and production functions for developing countries. Not statistical criteria but developmental considerations must determine the conclusions to be drawn from models. More explicit explanations of assumptions and modesty in presenting results of modelling work to policy makers are desirable.
Henk C. Bos
Pakistan Institute of Development Economics
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