Using a Dynamic Expenditure System for Forecasting of Final Demand Components of Kuwaiti Economy.

Document Type : Original Article

Author

College of Administrative Sciences, Kuwait University, Kuwait

Abstract

The main objective of this paper is to use a Generalized Linear Expenditure System (DGLES) developed by Gamaletsos (1974) (3) for Forecasting of final demand components of Kuwaiti economy. The use of the DGLES Model Permits use to compare the long-and the short-run effects on expenditures of income as well as of own-and cross-prices.

Keywords