Econometric Model of the Developing Economy (the Example of Turkey)

PII
S042473880000621-2-1
DOI
10.31857/S0000621-2-1
Publication type
Article
Status
Published
Authors
Volume/ Edition
Volume 47 / Issue 2
Pages
73-83
Abstract
The article is devoted to working out of the new methodological approach consisting in construc tion of two-system econometric model of developing economies, covering the periods of planned economy and transit to market economic mechanisms. As a result of the analysis both method ological and practical recommendations on modeling national economies and inter-country com parisons are offered. It is shown, that the new two-system approach to modeling of a developing economy during its transition from the planned economy to (he market one can be used to work out recommendations on economic regulation of two countries with similar economic development - Russia and Turkey.
Keywords
Turkey. econometric models, developing economies, double system appioach, mixed economy, market economy, transition period.
Date of publication
05.04.2011
Number of purchasers
1
Views
755

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