Information technology transfer in econometric forecasting: a pictorial approach

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Authors

Tags: 1993, conceptual modeling, JAMES M. PRUETT, P. PETE CHONG, YE-SHO CHEN

Successful information technology transfer requires effective communication and clear, concise information exchange. This paper, using the Louisiana econometric model as a case study, proposes a pictorial approach to present and manage complex factors essential to information technology transfer. The approach utilizes multi-layer entity-relationshipdiagrams to provide a meaningful framework for the entire forecasting process, provide clarity to ensure better model maintenance when changes in social/economic structures require reformulations, and provide aprocedural and data dictionary for clear documentation. The pictorial approach is both intuitive and readable, capable of serving as a task management tool, a model implementation aid, and a system maintenance resource.

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