Modelling Dynamics of Main Indicators of Economic Activity of Households of Ukraine
The goal of the article is the study of the structure of the system of economic activity of households in Ukraine and dynamics of interconnections between the main indicators of its functioning. In order to study dynamics of main indicators of the system of economic activity of households, the article uses tools of econometric vector-autoregression modelling (VAR models). Based on the existing statistical data and a developed VAR model, the article studies individual and aggregate influence of lag values of indicators upon their current values, system reaction on main indicators impulses, analyses dynamics of change of explanation of dispersion of some indicators with others, and conducts two types of forecasts that reflect a general tendency of development of economic activity of households in Ukraine. High accuracy of forecasts obtained with the help of the proposed econometric model testifies to a possibility of its practical application for assessment of the state of main indicators of economic activity of households of Ukraine. The article applies for the first time the tools of VAR modelling for the study of economic activity of households in Ukraine, which expands possibilities of use of mathematical and statistical methods and models in this field of economy.
Volume (Year): (2014)
Issue (Month): 1 ()
|Contact details of provider:|| Web page: http://www.business-inform.net|
References listed on IDEAS
Please report citation or reference errors to , or , if you are the registered author of the cited work, log in to your RePEc Author Service profile, click on "citations" and make appropriate adjustments.:
- McNees, Stephen K, 1986. "Forecasting Accuracy of Alternative Techniques: A Comparison of U.S. Macroeconomic Forecasts: Reply," Journal of Business & Economic Statistics, American Statistical Association, vol. 4(1), pages 23, January.
- McNees, Stephen K, 1986. "Forecasting Accuracy of Alternative Techniques: A Comparison of U.S. Macroeconomic Forecasts," Journal of Business & Economic Statistics, American Statistical Association, vol. 4(1), pages 5-15, January.
When requesting a correction, please mention this item's handle: RePEc:idp:bizinf:y:2014:i:1:p:82_91. See general information about how to correct material in RePEc.
For technical questions regarding this item, or to correct its authors, title, abstract, bibliographic or download information, contact: (Alexey Rystenko)
If you have authored this item and are not yet registered with RePEc, we encourage you to do it here. This allows to link your profile to this item. It also allows you to accept potential citations to this item that we are uncertain about.
If references are entirely missing, you can add them using this form.
If the full references list an item that is present in RePEc, but the system did not link to it, you can help with this form.
If you know of missing items citing this one, you can help us creating those links by adding the relevant references in the same way as above, for each refering item. If you are a registered author of this item, you may also want to check the "citations" tab in your profile, as there may be some citations waiting for confirmation.
Please note that corrections may take a couple of weeks to filter through the various RePEc services.