THE RELATIONSHIP BETWEEN ECONOMIC DEVELOPMENT AND SELECTED ECONOMIC INDICATORS IN CASE OF ITALY
Abstract
In this article, we measure the economic development of Italy and examine the factors that will influence it. For the research purposes we have selected several factors that have a great impact on economic growth. We take GDP per capita as a measure of a country's economic development. The purpose of this study is to examine the dynamic and long-term relationships between variables and GDP per capita.
Keywords:
GDP per capita multivariate time-series VAR model exchange rate unemploymentReferences
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