MODEL HERMIN

• Authors: Kvetan Vladimír , Mlýnek Martin , Radvanský Marek

Title variants

EN

Model HERMIN

• Languages of publication: SK

Abstracts

EN

The planning policy evaluation and verification of the assumed policy impact on the economic development is the main purpose of HERMIN model construction. Preparation of the National Development Plan (NDP) of Slovak republic (NSRR), co-financed by the European Union funds, was the main cause for construction of HERMIN model of the Slovak Economy. The construction and estimation of this model is discussed in the first half of this paper while the second half consists of the evaluation of three variants of the Slovak National Development Plan and the policy implications. As previous studies have shown, the main question of NDP is not the magnitude of the reallocations but its structure. In this respect, the results of this paper seem to be consistent with the other empirical findings.

Keywords

EN

ECONOMETRIC MODEL; ECONOMIC DEVELOPMENT; NATIONAL DEVELOPMENT PLAN; POLICY EVALUATION

Discipline

• ECONOMICS: ECONOMICS

• Publisher: Institute of Slovak and World Economics and Institute for Forecasting, Slovak Academy of Sciences
• Journal: Ekonomický časopis (Journal of Economics)
• Year: 2006
• Volume: 54
• Issue: 10
• Pages: 994-1008
• Document type: ARTICLE

Contributors

author

Kvetan Vladimír

author

Mlýnek Martin

author

Radvanský Marek

• V. Kvetan, Ekonomicky ustav SAV, Sancova 56, 811 05 Bratislava 1, Slovak Republic

Identifiers

CEJSH db identifier

07SKAAAA02084427