IJEBMR
ISSN: 2456-7760

Title:
GDP FORECASTING BY CDR COMPOSITION

Authors:
Dennis Ridley, USA

Abstract:
It has been established that the parsimonious capitalism, democracy, rule of law (CDR) model is a global time invariant model for the estimation of real gross domestic product adjusted for purchasing power parity (G). This new scientific discovery may be used to estimate G for any year in which a country market capitalization (C), democracy ranking (D), rule of law ranking (R), and the highest and lowest values of Amongst all countries are known. This scientific growth model is used to construct a forecasting model for G from its CDR composition.

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