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Analysis of the evolution of Gross Domestic Product in real terms

Constantin Anghelache, Aurelian Diaconu, Zoica Nicola, Tudor Samson, Radu Stoica and Emilia Stanciu
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Constantin Anghelache: Bucharest University of Economic Studies, „ARTIFEX” University of Bucharest
Aurelian Diaconu: „ARTIFEX” University of Bucharest
Zoica Nicola: „ARTIFEX” University of Bucharest
Tudor Samson: Bucharest University of Economic Studies
Radu Stoica: Bucharest University of Economic Studies
Emilia Stanciu: Bucharest University of Economic Studies

Romanian Statistical Review Supplement, 2017, vol. 65, issue 3, 88-99

Abstract: In this paper, the authors have assumed to analyze the evolution of the Gross Domestic Product in real terms, during the period 2000-2016. The accent is placed on a more detailed study for the lase three years (2014-2016), to forecast the evolution for the following period. The authors have used structural analysis, by resources and uses, of the Gross Domestic Product, to emphasize, based on value indices, the contribution of each branch (resource) or use. There are used absolute and relative data, and a chronological study is made, based on corresponding indices. Conclusions were expressed, on the basis of datasets, gross or seasonally adjusted series. Of course, data for the year 2016 are presented as provisional series, they are to be corrected in the subsequent periods, according to the methodology used in the calculation and value expression of this synthetic indicator of results of Romania. Within the study, there were used data provided by the National Institute of Statistics, and also, some aspects included in analyses made by other specialized institutions.

Keywords: Gross Domestic Product; production method; expenses method; estimation; deflating; data source (search for similar items in EconPapers)
JEL-codes: E60 E69 (search for similar items in EconPapers)
Date: 2017
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