Models with Simultaneous Equations for Local Development

This paper presents a model based on simultaneous equations with statistical determined parameters for describing the evolution of important issues relating to local development. The main issues considered are public and private business development environment, employment, demography, social comfor...

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Main Authors: Ani MATEI, Stoica ANGHELESCU
Format: Article
Language:English
Published: General Association of Economists from Romania 2010-01-01
Series:Theoretical and Applied Economics
Subjects:
Online Access:http://www.ectap.ro/articole/435.pdf
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author Ani MATEI
Stoica ANGHELESCU
author_facet Ani MATEI
Stoica ANGHELESCU
author_sort Ani MATEI
collection DOAJ
description This paper presents a model based on simultaneous equations with statistical determined parameters for describing the evolution of important issues relating to local development. The main issues considered are public and private business development environment, employment, demography, social comfort, etc. Parameter estimation with simultaneous equations model was done by procedures implemented in EViews using empirical data sets from city Braila, Romania, for the period 2000 to 2005. Applying the Durbin-Watson test, results were compared for the simultaneous equations model where the parameters were estimated by twostage least squares method.
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spelling doaj.art-b861d0536cc94b59a4225eacdc04c0da2022-12-21T22:40:16ZengGeneral Association of Economists from RomaniaTheoretical and Applied Economics1841-86782010-01-0101(542)01(542)2748Models with Simultaneous Equations for Local DevelopmentAni MATEIStoica ANGHELESCUThis paper presents a model based on simultaneous equations with statistical determined parameters for describing the evolution of important issues relating to local development. The main issues considered are public and private business development environment, employment, demography, social comfort, etc. Parameter estimation with simultaneous equations model was done by procedures implemented in EViews using empirical data sets from city Braila, Romania, for the period 2000 to 2005. Applying the Durbin-Watson test, results were compared for the simultaneous equations model where the parameters were estimated by twostage least squares method.http://www.ectap.ro/articole/435.pdfsimultaneous equations modelslocal developmentsystemic models.
spellingShingle Ani MATEI
Stoica ANGHELESCU
Models with Simultaneous Equations for Local Development
Theoretical and Applied Economics
simultaneous equations models
local development
systemic models.
title Models with Simultaneous Equations for Local Development
title_full Models with Simultaneous Equations for Local Development
title_fullStr Models with Simultaneous Equations for Local Development
title_full_unstemmed Models with Simultaneous Equations for Local Development
title_short Models with Simultaneous Equations for Local Development
title_sort models with simultaneous equations for local development
topic simultaneous equations models
local development
systemic models.
url http://www.ectap.ro/articole/435.pdf
work_keys_str_mv AT animatei modelswithsimultaneousequationsforlocaldevelopment
AT stoicaanghelescu modelswithsimultaneousequationsforlocaldevelopment