ANALYSIS OF THE GDP IN THE REPUBLIC OF MOLDOVA BASED ON MAJOR MACROECONOMIC INDICATORS

The Republic of Moldova is listed by the International Monetary Fund (IMF) and by the World Bank as a country with a transitional economy and studies of the evolution of the economy are of interest. Data has been gathered for a quantitative analysis of the economy using a multiple regression model (...

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Bibliographic Details
Main Author: Ştefan Cristian CIUCU
Format: Article
Language:English
Published: Nicolae Titulescu University Publishing House 2014-05-01
Series:Challenges of the Knowledge Society
Subjects:
GDP
Online Access:http://cks.univnt.ro/uploads/cks_2014_articles/index.php?dir=12_IT_in_social_sciences%2F&download=CKS+2014_IT_in_social_sciences_art.102.pdf
Description
Summary:The Republic of Moldova is listed by the International Monetary Fund (IMF) and by the World Bank as a country with a transitional economy and studies of the evolution of the economy are of interest. Data has been gathered for a quantitative analysis of the economy using a multiple regression model (with the aid of computer software tools: Microsoft Excel with the Analysis ToolPak add-in and MathWorks - MATLAB), in order to determine if there is a significant importance of some major macroeconomic indicators to the GDP. The indicators used in the study are GDP, exports of goods and services (% of GDP), inflation - GDP deflator (annual %), central government debt (% of GDP) and unemployment (% of total labor force).
ISSN:2068-7796
2068-7796