კონფერენცია

∘ Simon Gelashvili ∘ Giorgi Mikeladze ∘
ECONOMETRIC AND STATISTICAL MODELS OF INVESTMENT AND POSSIBILITIES OF THEIR EMPIRICAL REALIZATION ON EXAMPLE OF GEORGIA

Summary

Investment is an important indicator of a country's economy. It not only enables the creation and maintenance of capital, but also is an essential source of economic growth.

The paper reviews Base models and their modified types of investment’s five differentmodels (Investments Autoregressive, Tobin’s q, Neoclassical, Monetary, Naive and Flexible accelerator models). The paper estimates pros and cons of each investment’s model. The article includes critical analysis of the results of Richard Kopcke’s research on example of USA and possibilities for their use on Georgian economy. The paper discusses examples of the possible problems for the future research on Georgian economy’s example and the alternative methods to solve them.

Ivane Javakhishvili Tbilisi State University Paata Gugushvili Institute of Economics International Scientific C O N F E R E N C E S "ECONOMY – XXI CENTURY"

E ISSN 2587 - 4691	∘ Simon Gelashvili ∘ Giorgi Mikeladze ∘ ECONOMETRIC AND STATISTICAL MODELS OF INVESTMENT AND POSSIBILITIES OF THEIR EMPIRICAL REALIZATION ON EXAMPLE OF GEORGIA Summary Investment is an important indicator of a country's economy. It not only enables the creation and maintenance of capital, but also is an essential source of economic growth. The paper reviews Base models and their modified types of investment’s five differentmodels (Investments Autoregressive, Tobin’s q, Neoclassical, Monetary, Naive and Flexible accelerator models). The paper estimates pros and cons of each investment’s model. The article includes critical analysis of the results of Richard Kopcke’s research on example of USA and possibilities for their use on Georgian economy. The paper discusses examples of the possible problems for the future research on Georgian economy’s example and the alternative methods to solve them.