Construction the econometrical model consists of following steps: 1. Statement of theory or hypothesis 2. Specification of the mathematical model of the theory 3. Specification of the econometric model of the theory
Gross Domestic Product and Gross Value Added by Economic Activities Comparable prices Fixed Assets - available at the end of the year, by economic activities, accordi by Economic activities and Years Remuneration of emp
Lucrare de laborator
Laboratory work №2 Construction the econometric model (function Cobb-Douglas or production function) Autocorrelation. Heteroskedasticity Test. Dummy variables.