An Efficient Software Method for Econometric Simulation

The purpose of this article is to show a software method which helps a researcher to find the practically best simultaneous equations model among many possible simultaneous equations model candidates. This method has been already adopted in OEPP -- "Onishi Econometric Program Package," designed for data management, input-output analysis, econometric estimation, and econometric simulation, developed by the author -- and been proven to be quite effective in shortening a research period, saving labor and resources, and improving the quality of econometric research