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Aspects Regarding the Multiple Regression Used in Macro-economic Analysis

Constantin Anghelache, Alexandru Manole, Ligia Prodan, Andreea Gabriela Baltac and Zoica DINCA (nicola)
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Constantin Anghelache: Academy of Economic Studies, Bucharest/“Artifex” University of Bucharest
Alexandru Manole: “Artifex” University of Bucharest
Ligia Prodan: Academy of Economic Studies, Bucharest
Andreea Gabriela Baltac: Academy of Economic Studies, Bucharest
Zoica DINCA (nicola): Academy of Economic Studies, Bucharest

Romanian Statistical Review Supplement, 2014, vol. 62, issue 1, 99-106

Abstract: The regression function serves as a basis for carrying out the numerous analyzes micro or macroeconomic indicators. Information obtained by use of the model simple linear regression are not always sufficient to characterize changes in an economic phenomenon and, in particular, to identify possible future evolution of the latter. To remedy these shortcomings, in the literature had been entered into multiple regression models in which the dependent variable is defined on the basis of two or more variables factor incomes shall be described.

Keywords: analysis; economics; GDP; macro-economics; multiple linear regression (search for similar items in EconPapers)
Date: 2014
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