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The main interconnections between balance of payments indicators and the macroeconomic aggregates results

Constantin Anghelache, Doina Burea and Alexandru Ursache
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Constantin Anghelache: Bucharest University of Economic Studies/„Artifex„ University of Bucharest
Doina Burea: Bucharest University of Economic Studies
Alexandru Ursache: Bucharest University of Economic Studies

Romanian Statistical Review Supplement, 2017, vol. 65, issue 3, 189-196

Abstract: In this paper, the authors present interconnections established between balance of payments indicators and the macroeconomic indicators of results. It is contemplated that the balance is reflected in the macro mode in which the interconnections mentioned above. Thus, GDP is correlated with its structural elements. In this sense, considering the connections established between GDP and the international trade and its two components (import and export). Connections are formalized analyzed using relevant statistical and mathematical relationships. Based on these interdependencies, can extend analyzes using econometric methods. By calculating regression parameters can be estimated trends in macroeconomic indicators.

Keywords: gross domestic product; balance; national account; the aggregate economic agent (search for similar items in EconPapers)
JEL-codes: E60 F13 (search for similar items in EconPapers)
Date: 2017
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Handle: RePEc:rsr:supplm:v:65:y:2017:i:3:p:189-196