Forecasting Values of Endogenous Variables in the System of Simultaneous Equations
AbstractThe 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.
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Bibliographic InfoArticle provided by RESEARCH CENTRE FOR INDUSTRIAL DEVELOPMENT PROBLEMS of NAS (KHARKIV, UKRAINE), Kharkiv National University of Economics in its journal Business Inform.
Volume (Year): (2013)
Issue (Month): 6 ()
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Web page: http://www.business-inform.net
forecasting; systems of simultaneous equations; endogenous variables; exogenous variables; time series; random component; macro-economic indicators;
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