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technologies and economic policy framework. Consequently, the econometric analysis consisting of Johansen cointegration, error … correction model, vector autoregression and Granger causality is applied to price series of 12 biofuel related commodities. While …
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Modifying IS-MP-IA model by using EU economic characteristics allows for better interpretation of the results. Specifically, from the point of view of the IS and MP curves we obtain useful information about the influence of EU economy on the Czech economy (i.e. on its GDP). We may conclude that...
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