The U.S. economy is suffering because of misguided theorists/economists who continue to insist that the federal government should not intrude in international trade in a way that reduces imports into the U.S. This essay answers that perspective. A new way of looking at trade - in terms of the...

This research article focuses on the impact of Monetary Policy on GDP. GDP no doubt is affected by the Monetary Policy of the state. The research papers of various authors have been studied in this regard to prove the Hypothesis and after in depth analysis by applying Regression Analysis...

This paper analyzes the impact of the real exchange rate on the behavior of the GDP in Argentina in the period that goes from 1989 to 2007. In this paper, an econometric model based on the Vector Error Correction method, which proves the (lack of) relevance of different predictions made by...

The present study focuses on the cointegration between Export and Gross Domestic Product and its components at current and constant prices. Time series data for Export and Gross Domestic Product and its components has been taken for the period 1950-51 to 2001-02. In the long run export and GDP...

Economical and social indicators are created and published for national and regional dimensions. Nowadays, both local and territorial indicators are really able to define more adequate the stage of social and economical development and to illustrate the impact of European programs and projects...

In this paper, we ask whether it is possible to forecast gross-value added (GVA) and its sectoral sub-components at the regional level. We are probably the first who evaluate sectoral forecasts at the regional level using a huge data set at quarterly frequency to investigate this issue. With an...

This study implements Mathematica to estimate a system of national accounts. The estimation methods applied are portrayed in Danilov and Magnus (2008), including the Bayesian estimation, restricted and unrestricted least-squares estimation and best linear unbiased estimation. Operationalizing...

In 2005, Germany’s system of national accounts was altered from so called fixed prices (prices of a fixed year, in the end 1995) to prices of the preceding year as basis for calculating macroeconomic time series in real terms. Compared to the previous SNA, the new system offers a wider range...

The study addresses (i) the problem of non-additivity of some time series expressed in real terms that is one of the features of Germany’s new system of national accounts since 2005, and (ii) methods of the computation of quarterly data in econometric forecasting models under this condition....

This paper presents a modified national accounting system tailored to a description of Research and Development (R&D)in the national economy. The main differences with the standard national accounts are some changes in the basic concepts (e.g. own-account production of R&D is considered as...