I l t h CONPERENCE ON
"PROBLEMS OP BUILDING AND ESTIMATION OP LARGE ECONOMETRIC MODELS"
The I Z t h C o n fe re n c e on "P ro b lem s o f B u i l d in g a n a e s t i m a t i o n o f L a rg e E c o n o m e tric M odele" was h e ld I n Łódź b etw e en 1 s t and 3rd Deoember 1982* The o o n fe re n o e was o r g a n is e d by t h e I n s t i t u t e o f E e o n o m e trlo s and S t a t i s t i c s , U n i v e r s i t y o f Łódí and by t h e Commi-t Commi-t e e o f S Commi-t a Commi-t i s Commi-t i c s and E e o n o m e Commi-trlo s , P o l lu h Academy o f S c le n o e s . I t was a t t e n d e d by o v e r 80 p a r t i c i p a n t s . i n c l u d i n g s e v e r a l p e rs o n s r e p r e s e n t i n g v a r i o u s E u ropean e c o n o m e trio c e n t e r s .
The t o t a l num ber o f t h e d e l i v e r e d p a p e r s ammounted t o 34«They c o u ld b e d i v id e d i n t o t h e f o llo w in g s u b j e c t s i 1 . E o o n o m e tric m odels o f c r i s e s . 2 . I n t e r c o u n t r y m o d e ls . 3 . I n p u t- O u tp u t m o d e ls . 4 . E s tim a tio n o f l a r g e I n te r d e p e n d e n t s y s te m s . 5 . E s t im a t i o n o f s i n g l e e q u a ti o n m o d e ls. 6 . M u l t i o o l l l n e a r i t y i n e o o n o m e trio m o d e ls. 7 . S t a t i s t i c a l t e s t s . 8 . M is c e lla n e a o f a p p li e d e c o n o m e tr ic s . The p ro b le m s p r e s e n t e d i n p a r t i c u l a r p a p e r s a r o u s e d wide I n t e r e s t among t h e p a r t i c i p a n t s and c a u se d I n t e r e s t i n g d i s c u s s io n s .T h e fu n d a m e n ta l im p o rta n c e o f t h e y e a r l y o o n fe re n o e c o n s i s -t e d i n t h e f a c t t h a t , f a c i n g a s i g n i f i c a n t l i m i t a t i o n o f f o r e i g n o o n t a c t s i n 1982, i t form ed p r a c t i c a l l y t h e o n ly forum a v a i l a b l e t o t h e comm unity o f t h e r e s e a r c h w o rk e rs o f t h e P o l i s h econome-t r i c c e n econome-t e r s a llo w in g f o r c o n f r o n t a t i o n o f t h e i r a c h ie v e m e n ts w ith t h e p r e s e n t r e s u l t s o f r e s e a r c h e s b e in g o a r r i e d o u t i n o t h e r c o u n t r i e s . H o w e v e r,it i s t o b e r e g r e t t e d t h a t f o r v a r io u s r e a s o n s t h e announced e a r l i e r p a r t i c i p a n t s from USA, FRG, GB and some o f them from t h e s o c i a l i s t c o u n t r i e s c o u ld n o t a t t e n d t h e c o n fe r e n c e . D u rin g t h e c o n f e r e n c e 's d e b a te s t h e e c o n o m e trio c e n t e r i n Łódź was n o t a b l y r e p r e s e n t e d . The r e s e a r c h w o rk e rs from t h e I n s t i t u t e
4 o f E c o n o m e tric s and S t a t i a t i o s , U n i v e r s i t y o f Łódź d e l i v e r e d a l l i n a l l 14 p a p e r s , c o v e r in g t h e n ew est a c h ie v e m e n ts b o th i n t h e e c o n o m e trio t h e o r y and a p p li e d e c o n o m e tr io s . C e r t a i n p u b l i s h i n g d i l f i o u l t l e s and a c i r c u l a r c h a r a c t e r o f t h e e d i t i o n , b e in g a v i s l t l n g - o a r d o f t h e r e s e a r a h work c a r r i e d o u t i n t h e U n i v e r s i t y o f Łódź e c o n o m e trio o e n t a r , c a u se d t h a t i n t h e f a s c i c l e we p r e s e n t e d o n ly t e n o u t of a l l t h e p a p e rs d e l i v e r e d by t h e r e s e a r c h w o rk e rs o f t h e I n s t i t u t e o f E o o n o m e trlo a and S t a t i s t i c s . Below we g i v e a d e s c r i p t i o n o f t h e r e m a in in g p a p e rs p r e -s e n te d a t t h e c o n f e r e n c e .
