Prague Economic Papers 1996, 5(1) | DOI: 10.18267/j.pep.98

Investment model of the czech economy

Václava Pánková

Investment is a source of maintaining or increasing of the capital stock in the economy. By increasing the capital stock, investment spending can augment the future output of the economy. Being a dynamic phenomenon, its determinants arise over various past periods and its formalization belongs to problems of specifying and estimating relationships describing dynamic disequilibrium behaviour. The sources of the dynamics are mainly the durability of capital goods, the problem of financing a purchase over time and the expectations of investment behaviour. Econometricians trying to model, analyze and prognosticate the economic development in transition economies have to solve two typical problems nowadays, the lack of the data and the weak correspondence between standard theories and economic processes in question.

Zveřejněno: 1. leden 1996  Zobrazit citaci

ACS AIP APA ASA Harvard Chicago Chicago Notes IEEE ISO690 MLA NLM Turabian Vancouver
Pánková, V. (1996). Investment model of the czech economy. Prague Economic Papers5(1), . doi: 10.18267/j.pep.98
Stáhnout citaci

Tento článek je publikován v režimu tzv. otevřeného přístupu k vědeckým informacím (Open Access), který je distribuován pod licencí Creative Commons Attribution-NonCommercial-NoDerivatives 4.0 International License (CC BY NC ND 4.0), která umožňuje nekomerční distribuci, reprodukci a změny, pokud je původní dílo řádně ocitováno. Není povolena distribuce, reprodukce nebo změna, která není v souladu s podmínkami této licence.