Macroeconomic Analysis, Modeling and Forecasting

The paper systematically presents the macroeconomic situation and development trends of RA. The dynamics of GDP and production areas of the economy, economic trends and risks of RA as well as the impact on domestic economic factors on economic growth are investigated. Corresponding econometric model is formulated. The estimation of gross capital, human capital and labor on the pace of economic development is given. The study can be used for a comprehensive study analysis of the macroeconomic situation and the dynamics of economic development, and to assess the factors of economic growth in GDP.

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