Impact of Investments on an Emerging Economy : Models & Forecasts -- The Case of Romania
Book Details
Format
Hardback or Cased Book
ISBN-10
1608761827
ISBN-13
9781608761821
Publisher
Nova Science Publishers Inc
Imprint
Nova Science Publishers Inc
Country of Manufacture
US
Country of Publication
GB
Publication Date
Jul 1st, 2010
Print length
159 Pages
Weight
382 grams
Dimensions
16.00 x 23.70 x 1.50 cms
Product Classification:
Economics
Ksh 22,300.00
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This book addresses the problem of correlations between investments, economic growth and employment using three different instruments: error correction models, neural networks and VAR models. Analysing the results, the authors conclude about the coherence of the three types of models which have considered the reciprocal influences between investments and economic growth; investments and employment. The factors with positive impacts (GDP growth, foreign direct investments, degree of imports coverage by exports, wage increase) and negative impacts (active interest rate, depreciation of the exchange rate, unemployment, increase in tax burden) upon investments were revealed and policy measures formulated.
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