Statistical analysis of the government expenditure for Albania: January 2008- September 2015

• • 
  • Presentation speakers
    • Fejzi Kolaneci, University of New York in Tirana, Albania
    • Brunilda Hoxhalli, University of New York Tirana, Albania
    • Juxhen Duzha, University of New York, Tirana, Albania
    • Enxhi Lika, University of Tirana, Albania
  • Download presentation
    • Fejzi Kolaneci et all - Statistical Analysis of the Government Expenditure for -Albania.pdf

  Abstract:

  The main purpose of the present study is to develop a statistical analysis of the government expenditure for Albania during the period January 2008- September 2015.
  The source of the official data is the Albanian Institute of Statistics. The Kolmogorov’s Central Limit Theorem, “fair game” concept in the sense of Stein-Vorobiev, Kolmogorov- Smirnov- Lilliefors test and Shapiro- Wilk test are applied. The government expenditure is estimated based on current price or as a percentage of GDP.

  Some results of the present study include:
  - The official data of quarterly government expenditure for Albania during the period January 2008- September 2015 satisfies Central Limit Theorem at the confidence level 99%.
  - The government expenditure process for Albania during the specified period is an unfair game at the confidence level 99%.
  - The official data of quarterly GDP for Albania during the specified period harmonized with Central Limit Theorem ate the confidence level 99%.
  - The GDP process for Albania during the specified period is an unfair game at the confidence level 99%.
  - The government expenditure as a percentage of GDP for Albania during the specified period contradicts Central Limit Theorem at confidence level 99%.
  - The government expenditure process as a percentage of GDP for Albania during the specified period is an unfair game at the confidence level 99%.

 

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