Method of the exponential adjustement using directly the terms of the empiric series in the analysis of the dynamics of the textile confections production

Racoceanu, Constantin (2006): Method of the exponential adjustement using directly the terms of the empiric series in the analysis of the dynamics of the textile confections production. Published in: Competitiveness and stability in the knowledge-based economy, Craiova, Romania , Vol. 2006, No. International conference (20 October 2006): pp. 266-267.

Abstract

In a simple form, the basic relationship that can be used while exponential neat, is given by the expression: (for t ≥ 2) Where: St = the adjusted values of the dynamic series; yt = the levels of the empiric series; St-1 = the adjusted value of the term t – 1; w = a constant of adjustment with values between 0 ≤ w ≤ 1.

The target of this analysis is to show the tendencies in the development of the textile confections production all over the country, having a particular importance in PIB, the volume of the industrial production, the export of Romania, the number of the workers in the industry. We can rely on this industry and it realizes competitive products for the internal and external market, has a linear and well-trained force of working, has a long tradition, values at a superior level the main materials in the country, has good machines, needs relatively low costs comparing to other industrial fields in order to make little and middle commercial societies. Many economic agents have had access ant non-pay back financial sources, offered by the UE member countries and international agencies. The development of this industry attracts also the development of the zootecnical and agriculture production that assures the fibers of flax, hemp and wool within UE. The industry of the textile confections made better the production structure realized in lohn, at present we see more and more exterior clothing articles with great tax added on value, the articles for women have been made more creatively. Starting with 1999, Romania occupies the first place among the Central and Eastern European countries that export textile confections in the UE, far from Poland that, in the past years, used to occupy the first place. The countries that will assure within the following 10 years the necessary of clothing for the UE remain China, Turkey, Poland, the Czech Republic and Hungary. Taking into account the lack of economic stability of Turkey, we presume that in the following years Romania will become one of the greatest exporters of clothing in the UE.

• Item Type: MPRA Paper
• Institution: University of Craiova
• Language: English
• Keywords: empiric; adjusted; exponential neat
• Subjects: C - Mathematical and Quantitative Methods > C5 - Econometric Modeling > C53 - Forecasting and Prediction Methods ; Simulation Methods