Cointegration processes and their application in econometric analysis

Authors

  • T. Z. Kordzadze

Abstract

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.

Issue

Section

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