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     Current Research Journal of Economic Theory

    Abstract
2009(Vol.1, Issue:1)
Article Information:

On Methodology of Computing the Union’s Domestic Savings Rate Prior to Creation of Economic Union

R.T. Dalimov
Corresponding Author:  Ravshanbek Dalimov 
Submitted: 2009 June, 27
Accepted: 2009 July, 18
Published:
Abstract:
Economic integration of states in prospective economic unions is characterized by convergence of economic parameters, including domestic savings rates. The union’s savings rate is considered as one of the few important factors which influences economic policies of integrated economic bloc considered further as united economic area. The article provides methodology to compute the union’s domestic saving’s rate based on the model previously developed by the author. Parameters needed for calculation include domestic savings rates, time series of the value added of sectors of the member states willing to be integrated.

Key words:  Economic integration, economic union, forecasting the union’s domestic savings rate, efficient economic policy, cycles of the value added of sectors, ,
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Cite this Reference:
R.T. Dalimov, . On Methodology of Computing the Union’s Domestic Savings Rate Prior to Creation of Economic Union. Current Research Journal of Economic Theory, (1): Page No: 5-9.
ISSN (Online):  2042-485X
ISSN (Print):   2042-4841
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