• Icon to change language to english
  • Icon to change language to english

VOLATILITY OF CORRELATIONS BETWEEN MACROECONOMIC INDICATORS IN THE SYSTEM OF NATIONAL ACCOUNTS (2000-2011)

Authors

Keywords
system of national accounts, volatility, macroeconomic correlations, macroeconomic equilibrium, consumption

Summary
This study aims to prove that not only macro indicators, but also the correlations between them should be used as main macroeconomic indicators since being relative quantities they have richer content and create more favourable opportunities for using them in the macroeconomic analysis, modeling and forecasting of socio-economic phenomena and processes. The main purpose of this study is to examine the correlations between macroeconomic indicators which are associated with drops, recovery, upsurge and peaks of economic development. In this context, the object of the study is focused on the volatility of these correlations in the period 2000-2011, and its impact on the country’s economic development. The results prove our thesis and indicate more intense volatility, which is caused by the world economical crisis.

JEL: E60; C40; C62
Pages: 30
Price: 3 Points

More titles

  • CONTEMPORARY ASPECTS OF INDUSTRIAL POLICY

    The industrial policy in the European Union is developing both in the context of improving the regulations and in restructuring the sectors, especially that of industry in order to enhance competitiveness and to support investment and employment. The key question that the industrial policy raises is what has to be done to help businesses and ...

  • OUTSOURCING OPPORTUNITIES FOR INCREASING THE COMPETITIVENESS OF MACHINE-BUILDING ENTERPRISES

    This study aims to identify the outsourcing opportunities for increasing the competitiveness of machine-building enterprises. The following main tasks are solved to achieve the stated objective: first, the state of the machine-building enterprises is investigated and assessed and the prospects for their development are outlined; second, the ...

  • MECHANISMS FOR REGULATION AND AUDIT OF EU FUNDS ABSORPTION

    Funding received from EU programmes is vital for the national economy as it helps solve crucial socio-economic problems. In some cases, the absorption of these funds is accompanied by attempts to commit fraud or violate existing regulations. In order to prevent these from happening, the process has to be subject to audit and regulation. Research ...