Structurally balanced economic growth model for evaluation of economy overheating in developing countries

Abstract

Straipsnyje besivystančių šalių ekonomikos perkaitimui vertinti siūlomas ir analizuojamas struktūriškai subalansuoto ekonomikos augimo modelis. Pasiūlytas modelis taikomas Lietuvos ekonomikos perkaitimo galimybei nustatyti, remiantis istoriniais statistiniais duomenimis. Gauti rezultatai įrodo pakankamą modelio pritaikomumą empirinėms analizėms atlikti

The paper proposes and discusses the structurally balanced economy growth model for evaluation of economy overheating in developing countries. The suggested model is applied for evaluation of possibility of overheating in Lithuanian economy by analyzing its historical data. The results indicate the sufficient applicability of the suggested model for empirical analysis