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Models with Simultaneous Equations for Local Development

Author

Listed:
  • Ani MATEI

    (National School of Political Studies and Public Administration, Bucharest)

  • Stoica ANGHELESCU

    (National School of Political Studies and Public Administration, Bucharest)

Abstract

his 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.

Suggested Citation

  • Ani MATEI & Stoica ANGHELESCU, 2010. "Models with Simultaneous Equations for Local Development," Theoretical and Applied Economics, Asociatia Generala a Economistilor din Romania / Editura Economica, vol. 1(1(542)), pages 27-48, January.
    • Handle: RePEc:agr:journl:v:1(542):y:2010:i:1(542):p:27-48
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    Citations

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    Cited by:

    1. Lucica MATEI & Stoica ANGHELESCU, 2010. "Keynesian Substantiation of the Marketing Policies in Local Development," Theoretical and Applied Economics, Asociatia Generala a Economistilor din Romania / Editura Economica, vol. 6(6(547)), pages 59-74, June.
    2. Sarker, M Sazzadur Rahman & Sayem, Sheikh Mohammad & Alam, M Akhtarul & Rahman, Khandaker M Mostafizur, 2020. "Livelihood And Food Security Status Of The Working People In Safari Parks Of Bangladesh: A Multivariate Regression Analysis," Bangladesh Journal of Agricultural Economics, Bangladesh Agricultural University, vol. 40(1&2), February.
    3. Feng Dai & Jianping Qi & Ling Liang, 2011. "Socio‐economic development model based on stochastic advance‐retreat course," International Journal of Social Economics, Emerald Group Publishing Limited, vol. 38(5), pages 416-437, April.

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