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Analysis of the Correlation between GDP and the Final Consumption

Author

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  • Constantin ANGHELACHE

    (“ARTIFEX” University of Bucharest)

Abstract

This paper presents the results of the researches performed by the author regarding the evolution of Gross Domestic Product. One of the main aspects of GDP analysis is the correlation with the final consumption, an important macroeconomic indicator. The evolution of the Gross Domestic Product is highly influenced by the evolution of the final consumption. To analyze the correlation, the paper proposes the use of the linear regression model, as one of the most appropriate instruments for such scientific approach. The regression model described in the article uses the GDP as resultant variable and the final consumption as factorial variable.

Suggested Citation

  • Constantin ANGHELACHE, 2011. "Analysis of the Correlation between GDP and the Final Consumption," Theoretical and Applied Economics, Asociatia Generala a Economistilor din Romania / Editura Economica, vol. 0(9(562)), pages 129-138, September.
    • Handle: RePEc:agr:journl:v:9(562):y:2011:i:9(562):p:129-138
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    Citations

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    Cited by:

    1. Mostofa Mahmud Hasan & B. M. Sajjad Hossain & Md. Abu Sayem, 2022. "Determining the Impact of Economic Factors to the Gross Domestic Product in Bangladesh," International Journal of Economics and Financial Issues, Econjournals, vol. 12(1), pages 37-40.
    2. Adnan Abdelkarim Thiabat & Taghreed Musleh Kattoua, 2020. "Gross Domestic Product, Number of Employees and Inflation Rate and Its Relationship to Private Final Consumption in Jordan," International Journal of Financial Research, International Journal of Financial Research, Sciedu Press, vol. 11(5), pages 334-352, October.
    3. Tudorache, Maria-Daniela, 2021. "Development in Romania during the post-crisis period: A human, economic and social perspective," EconStor Open Access Articles and Book Chapters, ZBW - Leibniz Information Centre for Economics, vol. 28(3(628)), pages 15-32.
    4. MIHAILA, Nicoleta, 2022. "The Minimum Wage And Economic Growth. Analysis In The Case Of Romania," Studii Financiare (Financial Studies), Centre of Financial and Monetary Research "Victor Slavescu", vol. 26(4), pages 48-64, December.
    5. Alexander I. VILLANUEVA, 2020. "Analyzing Romania GDP: Final consumption, gross investment, and net exports influence compared to previously published models," Theoretical and Applied Economics, Asociatia Generala a Economistilor din Romania / Editura Economica, vol. 0(4(625), W), pages 169-176, Winter.
    6. Teodor HADA & Teodora Maria AVRAM & Nicoleta BARBUTA-MISU, 2018. "The Impact of EUR/RON Exchange Rate Policy on Romanian Exports," Economics and Applied Informatics, "Dunarea de Jos" University of Galati, Faculty of Economics and Business Administration, issue 1, pages 5-14.
    7. Maria-Daniela TUDORACHE, 2021. "Development in Romania during the post-crisis period: A human, economic and social perspective," Theoretical and Applied Economics, Asociatia Generala a Economistilor din Romania / Editura Economica, vol. 0(3(628), A), pages 15-32, Autumn.
    8. Laura Patache & Claudiu Chiru & Iuliana Pârvu, 2021. "Study On Romanian Regional Convergence Under The Impact Of The Health Crisis," Romanian Journal of Regional Science, Romanian Regional Science Association, vol. 15(2), pages 37-52, DECEMBER.

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