The interaction of the propensity to consume and autonomous factors in the analysis and forecasting of dynamics of GDP

Y. P Filyakhin; D. V Redin

doi:10.17816/2074-0530-68340

Izvestiya MGTU MAMI ›› 2013, Vol. 7 ›› Issue (4-1) :332 -335. DOI: 10.17816/2074-0530-68340

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The interaction of the propensity to consume and autonomous factors in the analysis and forecasting of dynamics of GDP

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Abstract

The article is devoted to analysis of factors of the dynamics of national income, savings and investment and their interaction at the level of the national economy. On the basis of Hicks’ model authors suggest the expanded model of GDP concerning autonomous investments and consumption, including possible corrections. There were calculated the suggested indicators on the basis of Russian macroeconomic data for 2007-2012.

Keywords

GDP / national income / tendency to consume / autonomous consumption / investments / effect of accelerator / Hick’s model

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Y. P Filyakhin, D. V Redin. The interaction of the propensity to consume and autonomous factors in the analysis and forecasting of dynamics of GDP. Izvestiya MGTU MAMI, 2013, 7(4-1): 332-335 DOI:10.17816/2074-0530-68340

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References

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