A medium - term dynamic simulation model of comecon foreign

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1976 - yaz12-1 1-32 A MEDIUM - TERM DYNAMIC .pdf

Date

1976

Author

Biray, Güneş

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This paper deals with a possible application of dynamic simulation modelling for medium-term projections of COMECON foreign trade flows. The internal consistency of the projections has been achieved by linking the trade model with multi - sector production models of the COMECON countries. The international consistency is also satisfied through the relationships of a simplified three-region version of a world trade model. Various techniques of mathematical systems theory have been employed in model validation and understanding of the dynamic behaviour of the overall system as well as in searching for the most advantageous economic policies for COMECON countries at an international level.

URI

https://hdl.handle.net/11511/110041

Journal

ODTÜ Gelişme Dergisi

Collections

Department of Business Administration, Article

Citation Formats

G. Biray, “A medium - term dynamic simulation model of comecon foreign,” ODTÜ Gelişme Dergisi, vol. 3 (1976), no. 12 yaz(1976), pp. 1–32, 1976, Accessed: 00, 2024. [Online]. Available: https://hdl.handle.net/11511/110041.