Testing Autoregressive Models Through the Example of Northern Hungary
The aim of this study is to model regional economic performance by the application of autoregressive models for given variables. The Cobb-Douglas (CD) production function gives the basis, which is extended by the gross value added produced by the labour force. My hypothesis is that if the current i...
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| Format: | Article |
| Language: | English |
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University of Miskolc
2012-07-01
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| Series: | Theory, Methodology, Practice |
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| Online Access: | https://ojs.uni-miskolc.hu/index.php/tmp/article/view/1417 |
| _version_ | 1797648434714378240 |
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| author | Gábor Potvorszki |
| author_facet | Gábor Potvorszki |
| author_sort | Gábor Potvorszki |
| collection | DOAJ |
| description |
The aim of this study is to model regional economic performance by the application of autoregressive models for given variables.
The Cobb-Douglas (CD) production function gives the basis, which is extended by the gross value added produced by the labour
force. My hypothesis is that if the current income level as dependent variable is determined by those current independent variables
according to the CD function then it can be assumed that the time lags of both the dependent and independent variables also have an
influence on the current value of the dependent variable. I test this hypothesis through the example of Northern Hungary in the
period 1995-2008.
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| first_indexed | 2024-03-11T15:31:11Z |
| format | Article |
| id | doaj.art-6786096ab95e4653b3881711cbb1ea9c |
| institution | Directory Open Access Journal |
| issn | 1589-3413 2415-9883 |
| language | English |
| last_indexed | 2024-03-11T15:31:11Z |
| publishDate | 2012-07-01 |
| publisher | University of Miskolc |
| record_format | Article |
| series | Theory, Methodology, Practice |
| spelling | doaj.art-6786096ab95e4653b3881711cbb1ea9c2023-10-27T04:13:47ZengUniversity of MiskolcTheory, Methodology, Practice1589-34132415-98832012-07-01801Testing Autoregressive Models Through the Example of Northern HungaryGábor Potvorszki0University of Miskolc The aim of this study is to model regional economic performance by the application of autoregressive models for given variables. The Cobb-Douglas (CD) production function gives the basis, which is extended by the gross value added produced by the labour force. My hypothesis is that if the current income level as dependent variable is determined by those current independent variables according to the CD function then it can be assumed that the time lags of both the dependent and independent variables also have an influence on the current value of the dependent variable. I test this hypothesis through the example of Northern Hungary in the period 1995-2008. https://ojs.uni-miskolc.hu/index.php/tmp/article/view/1417regional convergencedivergencedevelopmenteconometrics |
| spellingShingle | Gábor Potvorszki Testing Autoregressive Models Through the Example of Northern Hungary Theory, Methodology, Practice regional convergence divergence development econometrics |
| title | Testing Autoregressive Models Through the Example of Northern Hungary |
| title_full | Testing Autoregressive Models Through the Example of Northern Hungary |
| title_fullStr | Testing Autoregressive Models Through the Example of Northern Hungary |
| title_full_unstemmed | Testing Autoregressive Models Through the Example of Northern Hungary |
| title_short | Testing Autoregressive Models Through the Example of Northern Hungary |
| title_sort | testing autoregressive models through the example of northern hungary |
| topic | regional convergence divergence development econometrics |
| url | https://ojs.uni-miskolc.hu/index.php/tmp/article/view/1417 |
| work_keys_str_mv | AT gaborpotvorszki testingautoregressivemodelsthroughtheexampleofnorthernhungary |