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A Normative Dynamic Model of Regional Economy for Study Economic Integrations
A simplest multi-sector dynamic model for regional economy is a normative balance mathematical model, but it contains a lot of unspecified parameters which are not defined directly by the data of economic statistics. Only confidence intervals for the unknown parameters can be computed from the statistical data. This work presents a method for estimation of the model parameters by application of...
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Convergence hypothesis is one of the results of neoclassical growth model, which has been examined recently. This hypothesis has two forms of absolute and conditional Beta-convergence and implies that regions with lower per capita output have higher per capita growth rates. Since there is no data for regional GDP in Iran, there has been n study to test convergence hypothesis in Iran. Our main c...
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ژورنال
عنوان ژورنال: International Economic Policy
سال: 2018
ISSN: 1811-9824,1812-0660
DOI: 10.33111/iep.2018.29.05