Testing Autoregressive Models Through the Example of Northern Hungary

Gábor Potvorszki ()
Additional contact information
Gábor Potvorszki: University of Miskolc

Theory Methodology Practice (TMP), 2012, vol. 8, issue 01, 68-75

Abstract: The aim of this study is to model regional economic performance by the application of autoregressive models for given variables. The Cobb-Douglas (CD) production function gives the basis, which is extended by the gross value added produced by the labour force. My hypothesis is that if the current income level as dependent variable is determined by those current independent variables according to the CD function then it can be assumed that the time lags of both the dependent and independent variables also have an influence on the current value of the dependent variable. I test this hypothesis through the example of Northern Hungary in the period 1995-2008.

Keywords: regional convergence; divergence; development; econometrics (search for similar items in EconPapers)
JEL-codes: C51 O18 R11 (search for similar items in EconPapers)
Date: 2012
References: View references in EconPapers View complete reference list from CitEc
Citations:

Downloads: (external link)
http://tmp.gtk.uni-miskolc.hu/volumes/2012/01/TMP_ ... Potvorszki_Gabor.pdf (application/pdf)

Related works:
This item may be available elsewhere in EconPapers: Search for items with the same title.

Export reference: BibTeX RIS (EndNote, ProCite, RefMan) HTML/Text

Persistent link: https://EconPapers.repec.org/RePEc:mic:tmpjrn:v:8:y:2012:i:01:p:68-75

Access Statistics for this article

Theory Methodology Practice (TMP) is currently edited by Zoltan Bartha

More articles in Theory Methodology Practice (TMP) from Faculty of Economics, University of Miskolc Contact information at EDIRC.
Bibliographic data for series maintained by ().