THE IMPACT OF THE MAIN MACROECONOMIC INDICATORS ON THE FINAL CONSUMPTION OF THE POPULATION

Consuela Necșulescu and Luminița Șerbănescu
Additional contact information
Consuela Necșulescu: Faculty of Economic Sciences, University of Pitesti, Romania
Luminița Șerbănescu: Faculty of Economic Sciences, University of Pitesti, Romania
Authors registered in the RePEc Author Service: Luminita Serbanescu

SEA - Practical Application of Science, 2014, issue 3, 388-396

Abstract: In the last few years, and especially after the beginning of the economic and financial crisis in Romania, significant changes occurred in the macroeconomic indicators conditioning the final consumption of the population. Consequently, in this article, we aimed at analysing the evolution of the main macroeconomic indicators (the Gross Domestic Product, - GDP, the inflation rate, the unemployment rate) influencing the final consumption of the population, as well as the correlation among these variables. For the analysis of these correlations I proposed using the linear regression model. The analysis of the trend and of the causal links among the studied variables uses annual series from the 2000 – 2012 period. For the statistical processing and the econometric modelling we used software Excel and Eviews software packages.

Keywords: GDP; Inflation rate; Unemployment rate; Final consumption of the population; Statistical tests (search for similar items in EconPapers)
JEL-codes: C52 E21 (search for similar items in EconPapers)
Date: 2014
References: View complete reference list from CitEc
Citations:

Downloads: (external link)
http://seaopenresearch.eu/Journals/articles/SPAS_3_46.pdf (application/pdf)

Related works:
This item may be available elsewhere in EconPapers: Search for items with the same title.

Export reference: BibTeX RIS (EndNote, ProCite, RefMan) HTML/Text

Persistent link: https://EconPapers.repec.org/RePEc:cmj:seapas:y:2014:i:3:p:388-396

Access Statistics for this article

SEA - Practical Application of Science is currently edited by Romanian Foundation for Business Intelligence

More articles in SEA - Practical Application of Science from Romanian Foundation for Business Intelligence, Editorial Department
Bibliographic data for series maintained by Serghie Dan ().