Investigating Speculation in the Components of the Quarterly GDP Growth Rate: Albania’s Case 2005-2013

• • 
  • Presentation speakers
    • Fejzi Kolaneci, University of New York in Tirana, Albania
    • Suada Basho, University of New York, Tirana, Albania
    • Eldi Berhamaj, University of New York, Tirana, Albania
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    • Fejzi Kolaneci and Suada-Basho Investigating Speculation in the Components of the Quarterly GDP Growth Rate - Albanias Case 2005-2013.pdf

  Abstract:

  The main objectives of the present study are:
  a)To detect the speculation in components of the quarterly GDP growth rate in Albania during the period January 2005- September 2013.
  b)To evaluate the level of speculation for each component of the quarterly GDP growth rate, using the criteria C1, C2, as well as Gelfand’s classification.
  The results of the present study include: The Agriculture Total in Albania contains a moderate speculation. The Extracting Industry in Albania contains a moderate speculation. The Manufacturing Industry in Albania contains a quite strong speculation. The Construction in Albania is a strong speculative game.The Trade, Hotels, and Restaurants in Albania are a moderate speculative game. The Transport in Albania is a moderate speculative game. The Post and Communication in Albania contain a quite strong speculation. Other Services in Albania contain a quite strong speculation. FISIM in Albania contains a quite strong speculation. The GDP growth rate in Albania contains a moderate speculation.These findings are of a particular importance to Albanian Parliament, Albanian Government, and especially to Albanian citizens.

 

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