THE CHAOTIC AGRICULTURAL PRODUCTION GROWTH MODEL: THE DANUBE COUNTRIES
The ten Danube countries are : Germany, Austria, Slovakia, Hungary, Croatia, Serbia, Bulgaria, Moldova, Ukraine and Romania. The Danube countries are facing several challenges: environmental threats, insuffcient transport and energy connections, uncoordinated economy, education, research. Also, it...
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Format: | Article |
Language: | English |
Published: |
Naučno društvo agrarnih ekonomista Balkana, Beograd; Institut za ekonomiku poljoprivrede, Beograd i Akademija ekonomskih nauka, Bukurešt
2011-12-01
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Series: | Ekonomika Poljoprivrede (1979) |
Subjects: | |
Online Access: | https://www.ea.bg.ac.rs/index.php/EA/article/view/816 |
Summary: | The ten Danube countries are : Germany, Austria, Slovakia, Hungary, Croatia, Serbia, Bulgaria, Moldova, Ukraine and Romania. The Danube countries are facing several challenges: environmental threats, insuffcient transport and energy connections, uncoordinated economy, education, research. Also, it is important to improve security system in the Danube countries. The basic aims of this paper are: frstly, to set up a chaotic agricultural production growth model , that is capable of generating stable equilibria, cycles, or chaos, and secondly, to analyze the local stability of agricultural production growth in the Danube countries in the period 1961-2009 . The estimated model confrms the local stability of agricultural production growth in the Danube countries in the observed period.
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ISSN: | 0352-3462 2334-8453 |