Ivanovski, Zoran; Narashanov, Zoran; Korunovska, Vesna - In: UTMS journal of economics / University of Tourism and … 11 (2020) 2, pp. 183-201
In this paper, we test Granger causality in VAR environment of the State Budget's capital expenditures on the GDP …. There is no doubt that capital expenditures for infrastructure projects, energetic, communications and similar have direct … capital expenditures on the GDP by using econometric model of the Granger causality in VAR environment in order to determine …