AGRICO-INDUSTRIAL SECTOR DEVELOPMENT MODELING UNDER UNCERTAINTY AND RISC

Elvira Naval () and Natalia Mocanu
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Elvira Naval: INCE

Economy and Sociology, 2013, issue 3, 81-88

Abstract: Macroeconomic modelling of the agro-industrial sector proposed in [1] is done. For this purposes production function dependent of three production factors: capital, land and labour was estimate. Fourteen more perspective branches were selected for examination, Gross Domestic Product values and volume values for examined sector and branches, supposed to stochastic shocks, were calculated.

Keywords: mathematical modelling; agro-industrial sector; production function in agriculture; random shocks. (search for similar items in EconPapers)
JEL-codes: C6 Q1 Q15 Q19 (search for similar items in EconPapers)
Date: 2013
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Persistent link: https://EconPapers.repec.org/RePEc:aat:journl:57

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