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...
Main Authors: | , |
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Format: | Article |
Language: | English |
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General Association of Economists from Romania
2010-01-01
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Series: | Theoretical and Applied Economics |
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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. |
first_indexed | 2024-12-16T06:56:31Z |
format | Article |
id | doaj.art-b861d0536cc94b59a4225eacdc04c0da |
institution | Directory Open Access Journal |
issn | 1841-8678 |
language | English |
last_indexed | 2024-12-16T06:56:31Z |
publishDate | 2010-01-01 |
publisher | General Association of Economists from Romania |
record_format | Article |
series | Theoretical and Applied Economics |
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 |