Model analysis of the correlation between GDP and final consumption components

Constantin Anghelache, Andreea Ioana Marinescu, Doina Avram, Doina Burea and Gyorgy Bodo
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Constantin Anghelache: Bucharest University of Economic Studies, „ARTIFEX” University of Bucharest
Andreea Ioana Marinescu: Bucharest University of Economic Studies
Doina Avram: Bucharest University of Economic Studies
Doina Burea: Bucharest University of Economic Studies
Gyorgy Bodo: Bucharest University of Economic Studies

Romanian Statistical Review Supplement, 2017, vol. 65, issue 2, 84-95

Abstract: In this paper, authors analyze the evolution of the Gross Domestic Product, considered as dependent variable, under the influence of the components of final consumption. The final consumption of households, and the final consumption of public administration, are uses of the Gross Domestic Product. The final consumption can be considered as a major indicator of the Romanian economy dynamics, so the analysis of its influence, thus the analysis on its influence on economic growth will provide valuable results.

Keywords: Consumption; GDP; public; private; regression (search for similar items in EconPapers)
JEL-codes: E01 E21 (search for similar items in EconPapers)
Date: 2017
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Persistent link: https://EconPapers.repec.org/RePEc:rsr:supplm:v:65:y:2017:i:2:p:84-95

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