Application of the Samuelson-Hicks model in the conditions of modern economy of Namibia Republic
( Pp. 338-343)
More about authors
Tregub Ilona V.
Dr. Sci. (Econ.), Professor of the Department of Mathematics
Financial University under the Government of the Russian Federation
Moscow, Russian Federation Gubzhokov Anuar M.
Financial University under the Government of the Russian Federation
Financial University under the Government of the Russian Federation
Moscow, Russian Federation Gubzhokov Anuar M.
Financial University under the Government of the Russian Federation
Abstract:
This article has analyzed the possibility of using the Samuelson-Hicks macro-econometric model for a closed economy on the example of the Republic of Namibia. The interdependence of indicators such as gross domestic product, consumption, gross government spending, and investment in non-financial assets was examined between 1987 and 2019. In the course of the study, using the tools of regression analysis, estimates of the coefficients of the linear equations of the model were obtained, the premises of the Gauss-Markov theorem were tested, the adequacy of the classical model was checked, and individual equations of the model were modified in order to ensure the predictive capabilities of the model using the example of the national economy of the Republic of Namibia.
How to Cite:
Tregub I.V., Gubzhokov A.M., (2021), APPLICATION OF THE SAMUELSON-HICKS MODEL IN THE CONDITIONS OF MODERN ECONOMY OF NAMIBIA REPUBLIC. Economic Problems and Legal Practice, 2 => 338-343.
Reference list:
Samuelson, P.A. Interactions Between the Multiplier Analysis and the Principle of Acceleration// Review of Economic Statistics. 1939, № 4 S.: 75-78, http://dx.doi.org/10.2307/1927758.
Prangishvili, A.I.; Obgadze, L.T. Mathematical modeling of economic cycles and optimal management of capital investments // Computer Sciences and Tele-communications. 2005 No. 3 (7). P.: 59-61.
World Bank national accounts data Electronic resource World Bank Open Data. 2020 URL: https://data.worldbank.org/, open.
Tregub I.V. Econometrics. Model of real system. M.: 2016, 164 p.
Tregub I.V. Matematicheskie modeli dinamiki ekonomicheskikh sistem: monografiya - Moskva: RUSAYNS, 2018. - 164 s.
Tregub I.V. Ekonometricheskie issledovaniya. Prakticheskie primery. Econometric studies. Practical examples. - Moskva: Lan , 2017. 164 s.
Tregub I.V. Ekonometrika na angliyskom yazyke. Uchebnoe posobie. M.: 2017
Tregub I.V. Econometric analysis of influence of monetary policy on macroeconomic aggregates in Indian economy / V sbornike: Journal of Physics: Conference Series. 8. Ser. 2018 8th International Conference on Applied Physics and Mathematics, ICAPM 2018 2018. S. 012025.
Barrueco E., Tregub I.V. Empirical testing of the conjecture model on the German economy / Modern Science. 2019. № 3. S. 36-41.
Prangishvili, A.I.; Obgadze, L.T. Mathematical modeling of economic cycles and optimal management of capital investments // Computer Sciences and Tele-communications. 2005 No. 3 (7). P.: 59-61.
World Bank national accounts data Electronic resource World Bank Open Data. 2020 URL: https://data.worldbank.org/, open.
Tregub I.V. Econometrics. Model of real system. M.: 2016, 164 p.
Tregub I.V. Matematicheskie modeli dinamiki ekonomicheskikh sistem: monografiya - Moskva: RUSAYNS, 2018. - 164 s.
Tregub I.V. Ekonometricheskie issledovaniya. Prakticheskie primery. Econometric studies. Practical examples. - Moskva: Lan , 2017. 164 s.
Tregub I.V. Ekonometrika na angliyskom yazyke. Uchebnoe posobie. M.: 2017
Tregub I.V. Econometric analysis of influence of monetary policy on macroeconomic aggregates in Indian economy / V sbornike: Journal of Physics: Conference Series. 8. Ser. 2018 8th International Conference on Applied Physics and Mathematics, ICAPM 2018 2018. S. 012025.
Barrueco E., Tregub I.V. Empirical testing of the conjecture model on the German economy / Modern Science. 2019. № 3. S. 36-41.
Keywords:
Samuelson-Hicks model, data analysis, business cycle model, investments, regression analysis.
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