Abstract
After more than a decade of global econometric modelling and after more than four decades of national econometric modelling the methodological discussion about the parametrization of nonexperimental databases in economics is still controversial. The paper presents an overview about alternative parametrization procedures and suggests an extension of research and reporting strategies in the direction of data-analytic approaches complementary to the traditional structural modelling techniques. In addition reporting of sensitivity analyses of the effects of variations in the sample size and alternative structural prior restrictions is proposed. An example of a data-analytic modelling approach for a national economic database is included.
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