Analysis of final consumption and gross investment influence on GDP – multiple linear regression model
This paper emphasizes the application of regression models in macroeconomic analyses. The particular situation approached is the influence of final consumption and gross investments on the evolution of Romania’s Gross Domestic Product. The results of such research are supposed to contribute to deepe...
| Main Authors: | , , |
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| Format: | Article |
| Language: | English |
| Published: |
General Association of Economists from Romania
2015-09-01
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| Series: | Theoretical and Applied Economics |
| Subjects: | |
| Online Access: |
http://store.ectap.ro/articole/1115.pdf
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| Summary: | This paper emphasizes the application of regression models in macroeconomic
analyses. The particular situation approached is the influence of final consumption and
gross investments on the evolution of Romania’s Gross Domestic Product. The results of
such research are supposed to contribute to deeper and more complex analyses of the
GDP, the main indicator that shows the performance of a national economy. The dataset is
made of official figures drawn from the Romanian Statistics authority, and the analysis is
performed with the help of the Eviews software. The proposed model was tested by using
proper instruments, the results of the tests are also presented in the paper. |
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| ISSN: | 1841-8678 1844-0029 |