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Regional Economics: Theory and Practice
 

Assessing the impact of investments on the size of the gross regional product

Vol. 8, Iss. 46, DECEMBER 2010

Available online: 14 December 2010

Subject Heading: Innovations and investments

JEL Classification: 

Zaretskaya V.G. candidate of economics, associate professor of chairs of financial management, All-Russian state distance learning institute of finance and economics, branch Kursk
zar.59@mail.ru

Osinevich L.M. associate professor, All-Russian state distance learning institute of finance and economics, branch Kursk
osinevich@rambler.ru

This article presents a model of Koyck with an infinite number of distributed lags. On the base of this model  the long-dated investment multiplier was calculated. With help of this model we have also calculated term, during which past investment influence the size of current GRP.

Keywords: investment in basic stock, investment multiplier , GRP(Gross Regional Product), forecasting, model of Koyck, lag

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ISSN 2311-8733 (Online)
ISSN 2073-1477 (Print)

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