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ECONOMETRIC ANALYSIS OF THE RELATIONSHIPS BETWEEN GDP AND THE CURRENT AND CAPITAL ACCOUNT FOR THE VISEGRAD GROUP OF COUNTRIES IN 1994-2015
Author(s) -
Dariusz J. Błaszczuk
Publication year - 2017
Publication title -
information system in management
Language(s) - English
Resource type - Journals
eISSN - 2544-1728
pISSN - 2084-5537
DOI - 10.22630/isim.2017.6.4.2
Subject(s) - econometric analysis , economics , panel data , econometrics , econometric model , capital (architecture) , current account , power (physics) , macroeconomics , geography , archaeology , physics , quantum mechanics , exchange rate
In the paper the relationships between current and capital account balance and GDP are analysed, both from the economic analysis and applied points of view. Next the assumptions, method of analysis and results of our investigation of these relationships are discussed in details. We used yearly data for the Visegrad Group countries in 1994-2015. We applied two versions of linear econometric models and a power one for panel data and for every country separately.

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