Cointegration processes and their application in econometric analysis


  • T. Z. Kordzadze


The paper considers methodology of cointegration model construction the paper that is applied to gross domestic product and added value tax. The model for the investment growth that could be used to analyze the possibility of achieving long run equilibrium and development of investment policy at the level considered is constructed. The modeling approach used is also useful from the point of view of budget resources distribution, and the interests of various groups taken into consideration.

Author Biography

T. Z. Kordzadze

Kordzadze T.Z.



Decision making and control in economic, technical, ecological and social systems