Abstract

GUERRA ESPINOSA, Carlos Manuel  and  GONZALEZ TORRES, Iris María. The Dynamic Relationship of the Gross Added Value, Commercial Production, and Material Expenditure: Its Importance for Decision Making. Econ. y Desarrollo [online]. 2015, vol.154, n.1, pp. 118-131. ISSN 0252-8584.

The present article attempts to determine the dynamic relationship between the gross added value, as an expression of the economic growth, and two indicators of the outmost importance for decision making: commercial production, and material expenditure. The process consists in applying quantitative (econometric) methods to obtain a mechanism to correct erros that makes possible to express this relationship, which facilitates the strategic control.

Keywords : indicators; variacional decomposition; impulse follow-up function; mechanism to correct erros; self-agressive vector.

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