Statistical models can characterize relationships among aspects of economic behavior, and comprehensive econometric models are often used to guide public policy decisions. Several RAND researchers are skilled in the use of econometric models and use them to help explain how economic and political decisions may affect, for instance, military purchasing, agricultural production, and vehicle ownership patterns.
Reports (5)
Globalization, integrated markets, and the Internet economy have contributed to the rise in IPR infringements. RAND developed a methodology based on economic theory to contribute to quantifying the scope, scale, and impact of IPR infringements, such as counterfeiting, unauthorized downloads, and piracy.
Expands and applies RAND's portfolio analysis and management (PortMan) method to address the problem of selecting U.S. Army engineering and manufacturing development projects to develop affordable systems in the face of cost and budget uncertainties.
To help the Air Force assess the effectiveness of its purchasing and supply-chain management initiative, the authors have developed an econometric model to help isolate the effects of this initiative from those of other possible influences.
Formulates an econometric model of the supply of Colombian coffee to use in estimating how the coffee industry would respond to price incentives to lower production.
A proposal that econometric methods be used to test theories about the determinants of rebellion. A
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