Journal Of The Econometric Society

An International Society for the Advancement of Economic
Theory in its Relation to Statistics and Mathematics

Edited by: Guido W. Imbens • Print ISSN: 0012-9682 • Online ISSN: 1468-0262

Econometrica: Jan, 1958, Volume 26, Issue 1

A Linear Programming Model of the U. S. Petroleum Refining Industry<67:ALPMOT>2.0.CO;2-T
p. 67-106

Alan S. Manne

This paper is addressed to the problems of estimating output capabilities for an entire economy. It represents a one-industry experiment in relying primarily upon engineering data for this purpose, rather then upon time series informationalone. The use of linear programming, combined with the shift in emphasis upon sources of information, holds out the promise of greater forecasting reliabilitythan is otherwise attainable.

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