
Conference publicationsAbstractsXVI conferenceA note on determination of the economic welfare growth index in EU1 Lomonosov Street, Riga LV1019, Latvia 1 pp. (accepted)In present work we consider the following mathematical problem for determination of weighted (true?!) Economic Welfare Growth Indexes of EU countries on their leading economic parameters on years: (1) where is an Economic Welfare Growth Index of the th country in th year; is the number of countries; is the number of leading economic parameters; are years, during which they are investigated the economic prosperity of the considering countries; are some constants that can be determined empirically; is the th economic parameter of the th country per fixed year ; finally, are unknown weights. For each fixed values of parameters a weight has the meaning "a measure of the individual influence" of the corresponding economic parameter . The formulation of problem is following: it is necessary to find unknown functions and for each under known initial data , , , , , and . In present work it is shown that the consider problem is illposed, and this problem is solved by Tikhonov's regularization method.
References 1. Barro R.J. Determinants of Economic Growth: A CrossCountry Empirical Study. – Harvard University Press, 1997. 579 pp. 2. Barro R.J., Grilli V. European Macroeconomics. – Hampshire: Palgrave Macmillan, 1994. 496 pp.
