Theoretical and Applied Economics
No. 1 / 2010 (542)
Models with Simultaneous Equations for Local Development
National School of Political Studies and Public Administration, Bucharest
Stoica ANGHELESCU
National School of Political Studies and Public Administration, Bucharest
Abstract. 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.
Contents
Some Issues Concerning Romanian Investors’ Behaviour. Results of a Survey
Study Regarding the Influencing Factors of the Romanian Small and Medium-Sized Enterprises’ Internationalisation Process
Models with Simultaneous Equations for Local Development
The Informatics Security Cost of Distributed Applications
The Relationship between Export and Economic Growth in Libya Arab Jamahiriya
The World to Itself. Open Lecture on Global Transition