Development of Latvian Macroeconomic Continuous Time Model

LZP ekonomikas, juridiskās un vēstures zinātnes galvenie pētījumu virzieni 2007. gadā 2008
Remigijs Počs, Jevgeņijs Carkovs, Velga Ozoliņa, Māris Buiķis, Astra Auziņa-Emsiņa, Viktors Ajevskis

Research project deals with the set of instruments for forecasting the economy and its sectors – Latvian macroeconomic continuous time model. Equations of new type have been estimated for Latvian macroeconomic and inter-industry model. Elaborated equations provide an opportunity to improve existing elaborations in model development. During the research, tendencies of development of macroeconomic and inter-industry variables from 1995 were analysed and forecasts till 2020 were prepared. In this research also macroeconometric and multisectorial models were used besides continuous time models. Issues related to forecasts of electricity demand are investigated in more detail.

Keywords
makroekonomiskais nepārtraukta laika modelis, GARCH modelis, ekonometriskie modeļi

Počs, R., Carkovs, J., Ozoliņa, V., Buiķis, M., Auziņa-Emsiņa, A., Ajevskis, V. Development of Latvian Macroeconomic Continuous Time Model. In: LZP ekonomikas, juridiskās un vēstures zinātnes galvenie pētījumu virzieni 2007. gadā. Rīga: Tautsaimniecības attīstības institūts, 2008, pp.117-121. ISBN 9789984199238. ISSN 1691-290X.

Publication language
Latvian (lv)