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Forecasting Values of Endogenous Variables in the System of Simultaneous Equations

Author

Listed:
  • Naumov Vladimir N.

    (North-West Institute - a Branch of the Russian Academy of National Economy and the State Service under the President of the Russian Federation)

Abstract

The article considers systems of simultaneous econometric equations. It offers methods of their application when solving tasks of forecasting macro-economic indicators. It provides an example of its solution for forecasting the volumes of export and import in Russia on the basis of data of the Institute of Complex Strategic Research.

Suggested Citation

  • Naumov Vladimir N., 2013. "Forecasting Values of Endogenous Variables in the System of Simultaneous Equations," Business Inform, RESEARCH CENTRE FOR INDUSTRIAL DEVELOPMENT PROBLEMS of NAS (KHARKIV, UKRAINE), Kharkiv National University of Economics, issue 6, pages 63-68.
    • Handle: RePEc:idp:bizinf:y:2013:i:6:p:63_68
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