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Analysis of the Econometric model of the correlation between GDP and final consumption

Madalina-Gabriela Anghel, Radu Stoica, Tudor Samson and Alexandru Badiu
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Madalina-Gabriela Anghel: „ARTIFEX” University of Bucharest
Radu Stoica: Bucharest University of Economic Studies
Tudor Samson: Bucharest University of Economic Studies
Alexandru Badiu: Bucharest University of Economic Studies

Romanian Statistical Review Supplement, 2017, vol. 65, issue 2, 122-129

Abstract: The final consumption is one of the most important components of the Romanian GDP structural model. Divided into private and public consumption, this indicator offers valuable insight especially on the populations’ determination to consume. Also, it measures the public consumption, a variable that is important in budgetary analyses. Thus, the influence of the final consumption on the GDP is one of the key topics in macroeconomic analyses.

Keywords: GDP; final consumption; regression; parameter; influence (search for similar items in EconPapers)
JEL-codes: E01 E20 E21 (search for similar items in EconPapers)
Date: 2017
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Handle: RePEc:rsr:supplm:v:65:y:2017:i:2:p:122-129