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Tytuł:
A new predictive filter for nonlinear alignment model of stationary MEMS inertial sensors
Autorzy:
Alhassan, Hassan Majed
Ghahremani, Nemat Allah
Powiązania:
https://bibliotekanauki.pl/articles/2052163.pdf
Data publikacji:
2021
Wydawca:
Polska Akademia Nauk. Czytelnia Czasopism PAN
Tematy:
predictive filter
nonlinear alignment
model error
optimization
MEMS inertial sensors
Opis:
This paper proposes a new approach called the Predictive Kalman Filter (PKF) which predicts and compensates model errors of inertial sensors to improve the accuracy of static alignment without the use of external assistance. The uncertain model error is the main problem in the field as the Micro Electro Mechanical System (MEMS) inertial sensors have bias which change over time, and these errors are not all observable. The proposed filter determines an optimal equivalent model error by minimizing a quadratic penalty function without augmenting the system state space. The optimization procedure enables the filter to decrease both model uncertainty and external disturbances. The paper first presents the complete formulation of the proposed filter. Then, a nonlinear alignment model with a large misalignment angle is considered. Experimental results demonstrate that the new method improves the accuracy and rapidness of the alignment process as the convergence time is reduced from 550 s to 50 s, and the azimuth misalignment angle correctness is decreased from 52′′ ± 47′′ to 4′′ ± 0.02′′.
Źródło:
Metrology and Measurement Systems; 2021, 28, 4; 673-691
0860-8229
Pojawia się w:
Metrology and Measurement Systems
Dostawca treści:
Biblioteka Nauki
Artykuł
Tytuł:
Probabilistyczny model wyniku pomiaru wartości chwilowej wielkości zmiennej w czasie
Probabilistic model of instantaneous value measurement result of varying in time quantity
Autorzy:
Jakubiec, J.
Powiązania:
https://bibliotekanauki.pl/articles/156154.pdf
Data publikacji:
2005
Wydawca:
Stowarzyszenie Inżynierów i Techników Mechaników Polskich
Tematy:
sampling
quantizing
probabilistic error model
uncertainty
Opis:
W artykule rozpatrywane jest zagadnienie pomiaru wartości chwilowej wielkości zmieniającej się w czasie za pomocą toru pomiarowego składającego się z układu próbkująco/pamietającego oraz przetwornika A/C. Opisano sposób modelowania właściwości metrologicznych elementów toru oraz probabilistyczny model wyniku pomiaru uzyskiwanego na jego wyjściu. Przedstawiono metodę weryfikacji tego rodzaju modelu dla przypadku, gdy obejmuje on wiele źródeł błędu.
The paper characterizes the problem of instantaneous value measurement of a quantity varying in time by using a measuring chain consists of a Sample/Hold circuit and an AD converter. A method of metrological properties modeling of the chain elements and a model of measurement result obtained at the output of the chain has been presented. A verification method of such a kind model, for the situation when it contains many error sources, has been described.
Źródło:
Pomiary Automatyka Kontrola; 2005, R. 51, nr 2, 2; 28-31
0032-4140
Pojawia się w:
Pomiary Automatyka Kontrola
Dostawca treści:
Biblioteka Nauki
Artykuł
Tytuł:
Variable antennas positions solution to reduce pointing errors due to wind speed and temperature coupled effects during free space optical link using matrix Rician pointing error model
Autorzy:
Teuma Mbezi, Michel
Eke, Samuel
Som, Idelette Hermine Judith
Mouangue, Ruben Martin
Powiązania:
https://bibliotekanauki.pl/articles/27310098.pdf
Data publikacji:
2023
Wydawca:
Politechnika Wrocławska. Oficyna Wydawnicza Politechniki Wrocławskiej
Tematy:
atmospheric turbulence
pointing error
free space optical transmission
Rician pointing error model
Opis:
Pointing errors (PE) during free space optical (FSO) transmission can be caused by laser beam wander due to thermal and wind dynamic instability. The aim of this work is to study the coupled effects of temperature and wind speed on PE using matrix Rician pointing error (MRPE) model; then show how variable antennas height can reduce PE due to wind speed and temperature coupled effects. To achieve this purposes, average PE expression was established using MRPE model. Then considering a Gaussian beam wave and Monin–Obukhov similarity functions for the structure parameters of temperature, explicit relationship was established between average PE, temperature and wind speed. It comes out of this study that under dynamic turbulence, one can appropriately modify temperature to reduce PE due to dynamic instability and reciprocally. Depending on turbulence large cells or frozen turbulence eddies distribution, PE can be reduced by appropriately modified antennas height or the distance between transmitter and receiver. That is why this work suggests to install variable or dynamic antennas (rather than fixed ones) which could intelligently modify its positions according to laser beam wander created by atmospheric turbulence.
Źródło:
Optica Applicata; 2023, 53, 3; 393--406
0078-5466
1899-7015
Pojawia się w:
Optica Applicata
Dostawca treści:
Biblioteka Nauki
Artykuł
Tytuł:
Impact of climate variability on yield of maize and yam in Cross River State, Nigeria: An autoregressive distributed lag bound approach
Autorzy:
Edet, E. O.
Udoe, P. O.
Isong, I. A.
Abang, S. O.
Ovbiroro, F. O.
Powiązania:
https://bibliotekanauki.pl/articles/1031443.pdf
Data publikacji:
2021
Wydawca:
Przedsiębiorstwo Wydawnictw Naukowych Darwin / Scientific Publishing House DARWIN
Tematy:
Sustainable development
error correction model
food security
yield
Opis:
The study examined the impact of climate variability on yield of maize and yam in Cross River State, Nigeria. The specific objectives of the study were to determine the long-run and short-run impact of climate variability factors on yields of maize and yam. Data were sourced from the Nigerian Meteorological Agency (NiMeT) and Cross River State Ministry of Agriculture spanning from 1990-2016. Data obtained were analyzed using inferential statistics. Precisely, the model was estimated by the Ordinary Least Squares (OLS) multiple regression technique, which is within the Autoregressive Distributed Lag Bound approach and error correction testing framework. Both model-1 (maize yield) and model-2 (yam yield) passed through the conditions of the diagnostics and stability test. The study revealed that climate variables had a significant impact on maize yield both in the long and short-run. Based on the findings, it was concluded that proactive measures should be put in place to aid crop farmers adapt to the prevailing and looming threats of climate variability for the purpose of attaining the State’s food security balance sheet. To sustain this drive, an institutional and infrastructural support system is advocated in order to meet one of the goals of sustainable development agenda of the United Nations. Policy recommendations on how to cushion the impact of climate variability on the prescribed crops have been appropriately cited.
Źródło:
World News of Natural Sciences; 2021, 36; 60-74
2543-5426
Pojawia się w:
World News of Natural Sciences
Dostawca treści:
Biblioteka Nauki
Artykuł
Tytuł:
The influence of money supply on inflation in Nigeria
Autorzy:
Amassoma, Ditimi
Sunday, Keji
Onyedikachi, Emma-Ebere
Powiązania:
https://bibliotekanauki.pl/articles/522429.pdf
Data publikacji:
2018
Wydawca:
Uniwersytet Ekonomiczny w Katowicach
Tematy:
Central Bank of Nigeria
Error correction model
Granger causality
Opis:
Aim/purpose – The aim of this study is to empirically investigate the influence of money supply on inflation in Nigeria. The study was borne out of the curiosity to reexamine the immediate cause of the alarming rate of inflation in Nigeria which is adversely affecting the general welfare of Nigerian populace. Design/methodology/approach – The study employed co-integration test and error correction approach on annual time series data spanning from 1970 to 2016 to ascertain both the long run and short run dynamics relationship among the variables under consideration. Findings – The results showed that money supply does not considerably influence inflation both in the long and short run possibly because the country is in recession. The error correction model has the correct sign of negative and it is significant meaning that about 21% of the errors are corrected yearly. The Granger causality outcome demonstrates that, there is no causality between money supply and inflation in Nigeria within the study period and vice-versa. Research implications/limitations – The implication of this is often that there are different economic conditions which are key determinant of inflation in Nigeria. The study recommends that the government should diversify the economy, minimise importation by encouraging local production of products and services. The Central Bank of Nigeria should guarantee an exchange rate policy that is essentially determined by the state of the economy and not by speculators being a net importation economy. Also, the Central Bank of Nigeria should look inwards into the current interest rate and see how it can be regulated in such a way that will encourage private and foreign investors to be able to invest in the country. This in turn, successively increases income, infrastructure development and economic growth at large. Originality/value/contribution – This paper has been able to confirm that money supply is not a key factor that trigger up inflation in Nigeria.
Źródło:
Journal of Economics and Management; 2018, 31; 5-23
1732-1948
Pojawia się w:
Journal of Economics and Management
Dostawca treści:
Biblioteka Nauki
Artykuł
Tytuł:
Determinants of trade balance in Polish and Czech manufacturing sectors
Autorzy:
Olczyk, Magdalena
Kordalska, Aleksandra
Powiązania:
https://bibliotekanauki.pl/articles/22446541.pdf
Data publikacji:
2018
Wydawca:
Instytut Badań Gospodarczych
Tematy:
CEE economies
trade balance
international competitiveness
manufacturing
error correction model
Opis:
Research background: A strong industrial base is essential for achieving long-term sustainable economic growth and export competitiveness. In that sense, manufacturing remains a significant contributor to exports in the CEE countries. How-ever, its role and its influence vary between CEE economies and change over time. Purpose of the article: The main objective of this paper is to compare the determinants of the international competitiveness, measured by the net exports of the manufacturing sectors in the Czech and Polish economies, by using the database of 13 manufacturing sub-sectors in 1995-2011. The authors research the question of how much foreign and domestic demand, the level of labour costs, the level of sector innovation intensity, the level of sector openness to foreign markets as well as sectoral labour productivity influence the changes in trade balance. Methods: Our approach is based on employing an error correction model and SUR model to disaggregated sectoral manufacturing data. Findings & Value added: The results of the analysis conducted show substantial differences in the roles particular variables play in explaining the net exports in individual sectors. For the majority of Polish and Czech manufacturing sub-sectors, generation of positive trade balance is determined by relative demand growth. An increasing labour productivity influences heavily a positive trade balance of Polish goods in majority of sub-sectors, however, a key factor in Czech sub-sectors is decreasing unit labour costs. The results of the analysis indicate mostly a greater impact of the researched factors on net exports in long rather than short term and the better capacity of the Czech economy to correct deviations from the equilibrium.
Źródło:
Equilibrium. Quarterly Journal of Economics and Economic Policy; 2018, 13, 3; 445-466
1689-765X
2353-3293
Pojawia się w:
Equilibrium. Quarterly Journal of Economics and Economic Policy
Dostawca treści:
Biblioteka Nauki
Artykuł
Tytuł:
Reaction of the interest rates in Poland to the interest rates changes in the USA and euro zone
Autorzy:
Przekota, Grzegorz
Waściński, Tadeusz
Sobczak, Lidia
Powiązania:
https://bibliotekanauki.pl/articles/453096.pdf
Data publikacji:
2011
Wydawca:
Szkoła Główna Gospodarstwa Wiejskiego w Warszawie. Katedra Ekonometrii i Statystyki
Tematy:
interest rates
world markets
cointegration analysis
Error Correction Model (ECM)
Opis:
Behavior of interest rates is of key importance for understanding the functioning of an open economy. The simplest models usually assume equal interest rates in individual countries, while the international arbitrage serves as a mechanism of their equalization. In our study an attempt has been made to determine whether and to what extend the interest rates in the Polish market are linked to the USA and the euro zone exchange rates. The analyses have been carried out for rates of different maturity terms, using the integration and co-integration concept.The analyses indicate that differences between the Polish interest rates, and those in the USA and the euro zone have strongly diminished. Cointegration analyses show the existence of a long-term linkages between the domestic and foreign interest rates, in particular with those in the euro zone. The nature of co-integrating relationships was different in the period 2001-2004 as compared with that after 2004, when we see a stronger impact of the euro zone rates than those of the USA. It may be assumed that the Polish accession to the EU had certain influence in the change of the above mentioned relationships.
Źródło:
Metody Ilościowe w Badaniach Ekonomicznych; 2011, 12, 1; 125-134
2082-792X
Pojawia się w:
Metody Ilościowe w Badaniach Ekonomicznych
Dostawca treści:
Biblioteka Nauki
Artykuł
Tytuł:
Slowdown or Recession? Forecasts Based on Composite Leading Indicator
Autorzy:
Klúcik, Miroslav
Juriová, Jana
Powiązania:
https://bibliotekanauki.pl/articles/483289.pdf
Data publikacji:
2010
Wydawca:
Polska Akademia Nauk. Czytelnia Czasopism PAN
Tematy:
Global economic crisis
recession
composite leading indicator
ARIMAX model
error correction model
Opis:
The economy of Slovakia experienced a turning point in the 1st half of 2008 and entered a phase of decline. The negative impacts of the global economic crisis became evident in the 2nd half of 2008 and led into a recession in the 1st quarter of 2009. The composite leading indicator was originally intended for forecasting of business cycle turning points between the decline and growth phases. The aim of this paper is to transform the qualitative information from composite leading indicator into quantitative forecast and verify whether the beginning of recession in Slovakia could have been identified in advance. The ARIMAX and error correction models are used for the composite reference series and GDP forecasts respectively. The final result shows that the composite leading indicator is useful not only for identifying turning points, but also for the prediction of recession phase.
Źródło:
Central European Journal of Economic Modelling and Econometrics; 2010, 2, 1; 17-36
2080-0886
2080-119X
Pojawia się w:
Central European Journal of Economic Modelling and Econometrics
Dostawca treści:
Biblioteka Nauki
Artykuł
Tytuł:
Analiza powiązań między indeksami giełdy francuskiej, holenderskiej i belgijskiej z wykorzystaniem modelu korekty błędem
Analysis of links between french, dutch and belgian stock market with the use of error correction model
Autorzy:
Prenzena, Paweł
Powiązania:
https://bibliotekanauki.pl/articles/593010.pdf
Data publikacji:
2016
Wydawca:
Uniwersytet Ekonomiczny w Katowicach
Tematy:
Indeksy Giełdowe
Kointegracja
Model Korekty Błędem
Cointegration
Error correction model
Stock indices
Opis:
Celem artykułu jest ocena stopnia powiązań między indeksami CAC40, AEX i BEL20 oraz odpowiedź na pytanie, w jakim stopniu sytuacja na danym rynku wpływa na rozwój zdarzeń na rynku z nim powiązanym. W badaniu wykorzystano model korekty błędem, który dostarcza informacji zarówno o zależnościach krótkookresowych między analizowanymi zmiennymi, jak i równowadze długookresowej. W części teoretycznej artykułu przedstawiono podstawowe założenia teorii kointegracji, a także wybrane testy pierwiastków jednostkowych oraz stacjonarności. Wyniki analizy empirycznej potwierdziły, że pomiędzy rozpatrywanymi parami indeksów giełdowych występują istotne zależności oraz istnieje mechanizm powracania do stanu długookresowej równowagi.
The article presents assessment of links between stock indices CAC40, AEX and BEL20 with the use of cointegration analysis and error correction model. This model enables us to capture in one equation short-term dynamics and long-term equilibrium. Research results confirmed, that time series representing examined stock indices are integrated in the same order and residuals from cointegration equations of all models are stationary. This fact enabled us to build error correction model for specific pairs of stock indices. Long-term equilibrium reversion mechanism was observed in all models and the strongest dependence appeared between BEL20 and AEX index.
Źródło:
Studia Ekonomiczne; 2016, 289; 109-126
2083-8611
Pojawia się w:
Studia Ekonomiczne
Dostawca treści:
Biblioteka Nauki
Artykuł
Tytuł:
Wpływ światowych cen ropy naftowej na ceny w Polsce
World oil price impact on prices in Poland
Autorzy:
Baranowski, Paweł
Sztaudynger, Jan Jacek
Powiązania:
https://bibliotekanauki.pl/articles/424758.pdf
Data publikacji:
2014
Wydawca:
Wydawnictwo Uniwersytetu Ekonomicznego we Wrocławiu
Tematy:
oil price
producer price
consumer price
Vector Error Correction Model
Opis:
The world oil price is an exogenous as well as key component and factor influencing domestic prices (especially transportation). The question is: how the oil price influences producer and consumer prices. We focus on a short- and long-term relationship between the domestic prices and oil price (expressed in Polish zloty). We use Vector Error Correction Models, with cost-based specification, i.e. including additionally wages and euro-zloty exchange rate. The degree of estimated long-term pass-through oil prices to producer and consumer prices is 0,15 and 0,05, respectively. Both producer and consumer prices have comparable size of short-term reaction to an oil price shock, but the producer price reaction is more prolonged.
Źródło:
Econometrics. Ekonometria. Advances in Applied Data Analytics; 2014, 2(44); 9-16
1507-3866
Pojawia się w:
Econometrics. Ekonometria. Advances in Applied Data Analytics
Dostawca treści:
Biblioteka Nauki
Artykuł
Tytuł:
Crude Oil Price and Speculative Activity: A Cointegration Analysis
Autorzy:
Socha, Robert
Wdowiński, Piotr
Powiązania:
https://bibliotekanauki.pl/articles/2076245.pdf
Data publikacji:
2018
Wydawca:
Polska Akademia Nauk. Czytelnia Czasopism PAN
Tematy:
crude oil price
speculation
futures
cointegration
vector error correction model
Opis:
The aim of the study is to discuss the relationship of the crude oil price, speculative activity and fundamental factors. An empirical study was conducted with a VEC model. Two cointegrating vectors were identified. The first vector represents the speculative activity. We argue that the number of short noncommercial positions increases with the crude oil stock and price, decreases with the higher number of long non-commercial positions. A positive trend of crude oil prices may be a signal for traders outside the industry to invest in the oil market, especially as access to information could be limited for them. The second vector represents the crude oil price under the fundamental approach. The results support the hypothesis that the crude oil price is dependent on futures trading. The higher is a number of commercial long positions, the greater is the pressure on crude oil price to increase.
Źródło:
Central European Journal of Economic Modelling and Econometrics; 2018, 3; 263-304
2080-0886
2080-119X
Pojawia się w:
Central European Journal of Economic Modelling and Econometrics
Dostawca treści:
Biblioteka Nauki
Artykuł
Tytuł:
Analysis of budget deficits and macroeconomic fundamentals: A VAR-VECM approach
Autorzy:
Epaphra, Manamba
Powiązania:
https://bibliotekanauki.pl/articles/522020.pdf
Data publikacji:
2017
Wydawca:
Uniwersytet Ekonomiczny w Katowicach
Tematy:
Budget deficit
Macroeconomic variables
Vector Autoregression
Vector Error-Correction Model
Opis:
Aim/purpose – This paper examines the relationship between budget deficits and selected macroeconomic variables in Tanzania for the period spanning from 1966 to 2015. Design/methodology/approach – The paper uses Vector autoregression (VAR) – Vector Error Correction Model (VECM) and variance decomposition techniques. The Johansen’s test is applied to examine the long run relationship among the variables under study. Findings – The Johansen’s test of cointegration indicates that the variables are cointegrated and thus have a long run relationship. The results based on the VAR-VECM estimation show that real GDP and exchange rate have a negative and significant relationship with budget deficit whereas inflation, money supply and lending interest rate have a positive one. Variance decomposition results show that variances in the budget deficits are mostly explained by the real GDP, followed by inflation and real exchange rate. Research implications/limitations – Results are very indicative, but highlight the importance of containing inflation and money supply to check their effects on budget deficits over the short run and long-run periods. Also, policy recommendation calls for fiscal authorities in Tanzania to adopt efficient and effective methods of tax collection and public sector spending. Originality/value/contribution – Tanzania has been experiencing budget deficit since the 1970s and that this budget deficit has been blamed for high indebtedness, inflation and poor investment and growth. The paper contributes to the empirical debate on the causal relationship between budget deficits and macroeconomic variables by employing VAR-VECM and variance decomposition approaches.
Źródło:
Journal of Economics and Management; 2017, 30; 20-57
1732-1948
Pojawia się w:
Journal of Economics and Management
Dostawca treści:
Biblioteka Nauki
Artykuł
Tytuł:
Robust fault detection and accommodation of the boiler unit using state space neural networks
Odporna detekcja i kompensacja uszkodzeń układu zbiornika przepływowego za pomocą sztucznych sieci neuronwych w przestrzeni stanów
Autorzy:
Czajkowski, A.
Patan, K.
Powiązania:
https://bibliotekanauki.pl/articles/153742.pdf
Data publikacji:
2011
Wydawca:
Stowarzyszenie Inżynierów i Techników Mechaników Polskich
Tematy:
model neuronowy w przestrzeni stanów
niepewność
modelowanie błędu modelu
detekcja i kompensacja uszkodzeń
układ walczaka
state space neural networks
uncertainty
model error modelling
fault detection and accommodation
boiler unit
Opis:
The paper deals with application of state space neural network models to fault detection and accommodation of a boiler unit. The work describes two aspects. The first one is the fault detection. In this paper three methods for fault diagnosis, namely: simple and adaptive threshold as well as more robust method which is model error modelling, are described and compared. The second part of the paper presents the approach to fault accommodation based on the so-called instantaneous linearization of the already trained nonlinear state space model of the system. With the obtained linear model it is possible to derive a new control law of the boiler unit in order to eliminate the fault effect in the case of faults. All data used in experiments are collected from the boiler unit simulator implemented in Matlab/Simulink.
Artykuł dotyczy zastosowania modelu sztucznej sieci neuronowej w przestrzeni stanów do wykrywania i kompensacji uszkodzeń w układzie sterowania zbiornikiem przepływowym. Do wykrycia uszkodzenia zostały zaproponowane i doświadczalnie przetestowane trzy metody. Dwie pierwsze metody czyli progowanie proste oraz adaptacyjne polegają na obserwacji sygnału residuum i podejmowaniu decyzji przy przekroczeniu zadanego dopuszczalnego progu przez wartość tego sygnału. Trzecia metoda opiera się na zastosowaniu dodatkowego modelu dynamicznego do modelowania błędu modelu podstawowego w celu określenia zakresu niepewności jego pracy. W przypadku przekroczenia tego zakresu, można uznać, że wystąpiło uszkodzenie. Drugim podjętym przez autorów tematem jest problem kompensacji wykrytego uszkodzenia. W pracy opisuje się podejście oparte na tzw. chwilowej linearyzacji nauczonego w trybie off-line nieliniowego modelu systemu. Na podstawie zlinearyzowanego modelu możliwe jest wyznaczenie nowego prawa sterowania w celu wyeliminowania wpływu uszkodzenia w przypadku wystąpienia awarii. Wszystkie dane wykorzystywane do celów doświadczalnych są zbierane z symulatora zbiornika zrealizowanego w pakiecie Matlab/Simulink.
Źródło:
Pomiary Automatyka Kontrola; 2011, R. 57, nr 11, 11; 1428-1435
0032-4140
Pojawia się w:
Pomiary Automatyka Kontrola
Dostawca treści:
Biblioteka Nauki
Artykuł
Tytuł:
Analysis of the impact of selected economic variables on sorghum prices in Nigeria
Autorzy:
Ajibade, Toyin Benedict
Ayinde, Opeyemi Eyitayo
Abdoulaye, Tahirou
Ojoko, Emmanuel Ada
Powiązania:
https://bibliotekanauki.pl/articles/952113.pdf
Data publikacji:
2017
Wydawca:
Uniwersytet Przyrodniczy w Poznaniu. Wydawnictwo Uczelniane
Tematy:
autocorrelation
cochrane-orcutt procedure
cereal
cointegration
error correction model
time series
Opis:
Nigeria is the world’s leading producer of sorghum intended for use as food grain. Likewise, there has been growing industrial demand for sorghum in the livestock breeding and brewery sectors. As sorghum prices have been on the increase, it becomes pertinent to identify the determinants of this development in order to nip the imminent food crisis in the bud. This study relied on time series data spanning from 1970 to 2015 retrieved from FAOSTAT and World Bank databases. Analytical methods employed include the unit root test, cointegration test and error correction mechanism. The diagnostic tests indicated the presence of autocorrelation which was subsequently adjusted with the Cochrane-Orcutt procedure. Subsequent tests indicated that variables fit well to the model. As shown by the ADF unit root test, the modeled variables were non-stationary but became stationary after first differencing. At a significance level of 5%, the sorghum price was determined by gross domestic product (GDP), annual money supply, official exchange rate and crude oil price, both in the long and short run, whereas the lagged price of sorghum also had an effect on prices in the short run. The study recommends that macroeconomic variables such as GDP, annual money supply and official exchange rate be taken cognizance of when planning the agricultural development in Nigeria.
Źródło:
Journal of Agribusiness and Rural Development; 2017, 46, 4; 723-729
1899-5241
Pojawia się w:
Journal of Agribusiness and Rural Development
Dostawca treści:
Biblioteka Nauki
Artykuł
Tytuł:
Analysis of the Cobb-Douglas Production Function as a Tool to Investigate the Impact of FDI Net Inflows on Gross Domestic Product Value in Poland in the Period 1994-2012
Autorzy:
Kosztowniak, Aneta
Powiązania:
https://bibliotekanauki.pl/articles/488854.pdf
Data publikacji:
2014
Wydawca:
Instytut Badań Gospodarczych
Tematy:
FDI
GDP
Cobb-Douglas production function
VECM (Vector Error Corection Model)
Opis:
The purpose of this paper is to analyse the impact of foreign direct investments net inflows on changes in GDP value in Poland in the period between 1994 and 2012 with the use of the Cobb-Douglas production function. The paper consist of five parts. Parts I and II present some aspects of the FDI influence on economic growth from the theoretical and empirical point of view. Part III defines conditions indispensable for the positive FDI impact on the economy of the host country. Part IV outlines changes of FDI flows in Poland in the period of 1994-2012. Part V includes the main assumptions of the Cobb-Douglas production function and an estimate of changes in GDP value for Poland in the period 1994–2012 with the use of the VECM. The factors significant for economic growth are also identified, including the significance of the net FDI inflows. Eventually, the effect of gross fixed capital formation, employment, FDI net inflows, exports and R&D on changes in the GDP value are determined.
Źródło:
Oeconomia Copernicana; 2014, 5, 4; 169-190
2083-1277
Pojawia się w:
Oeconomia Copernicana
Dostawca treści:
Biblioteka Nauki
Artykuł

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