IMMINENT OECD MEMBERSHIP OF HUNGARY AND THE REVIVAL OF JÁNOSSY'S TRENDLINE THEORY

IMMINENT OECD MEMBERSHIP OF HUNGARY AND THE REVIVAL OF JÁNOSSY'S TRENDLINE THEORY

This study examines the development trend assumed by Jánossy in 13 OECD countries with GDP indicators available from 1900. It shows relevant details concerning the trendlines of the USA, Japan and certain European countries. Using Jánossy's time series from 1960, linked with OECD data, the auth...

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Veröffentlicht in:Acta oeconomica 1995-01, Vol.47 (1/2), p.111-135
1. Verfasser: TARJÁN, T. G.
Format: Artikel
Sprache:eng
Schlagworte:
Data lines
Economic development
Economic fluctuations
Economic growth rate
Economic theory
Gross domestic product
Gross national product
Growth rates
Hungary
OECD
Purchasing power
Purchasing power parity
Time series
Time series forecasting
World wars
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Zusammenfassung:This study examines the development trend assumed by Jánossy in 13 OECD countries with GDP indicators available from 1900. It shows relevant details concerning the trendlines of the USA, Japan and certain European countries. Using Jánossy's time series from 1960, linked with OECD data, the author shows certain features of the 24 OECD countries. The author indicates differences between Austria and Hungary and has prepared a purchasing parity-based "fitted GDP series" for Hungary. With Jánossy's trendlines he estimates when Hungary will again reach its trend value.
ISSN:0001-6373
1588-2659