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Structural Analysis of the Final Consumption of Households: Evidence from Romania, Estonia and Latvia

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  • Mihai Paunica

Abstract

This paper is focused on the study of the final consumption of households from the viewpoint of the impact of goods-related components on its evolution. The data used in the analysis are taken from the official database of the Eurostat. The subjects of the research are Romania, Estonia and Latvia, allowing a comparative analysis between these countries, as all were once part of a centralized economic system, the two Baltic States belonged to the Soviet Union until the beginning of the last decade in the previous century and Romania switched to the market economy system approximately at the same time. Also, the selected countries are recent members of the European Union.

Suggested Citation

  • Mihai Paunica, 2017. "Structural Analysis of the Final Consumption of Households: Evidence from Romania, Estonia and Latvia," International Journal of Academic Research in Accounting, Finance and Management Sciences, Human Resource Management Academic Research Society, International Journal of Academic Research in Accounting, Finance and Management Sciences, vol. 7(3), pages 151-156, July.
    • Handle: RePEc:hur:ijaraf:v:7:y:2017:i:3:p:151-156
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    References listed on IDEAS

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    1. Cătălina MOTOFEI, 2017. "Vectors of economic growth in the eastern area of the EU," Theoretical and Applied Economics, Asociatia Generala a Economistilor din Romania / Editura Economica, vol. 0(1(610), S), pages 215-226, Spring.
    2. repec:agr:journl:v:4(605):y:2015:i:4(605):p:45-52 is not listed on IDEAS
    3. Lee Adkins, 2014. "Using gretl for Principles of Econometrics, 4th Edition," Economics Working Paper Series 1412, Oklahoma State University, Department of Economics and Legal Studies in Business.
    4. Constantin Anghelache & Madalina Gabriela Anghel & Marius Popovici, 2015. "Multiple Regressions Used in Analysis of Private Consumption and Public Final Consumption Evolution," International Journal of Academic Research in Accounting, Finance and Management Sciences, Human Resource Management Academic Research Society, International Journal of Academic Research in Accounting, Finance and Management Sciences, vol. 5(4), pages 69-73, October.
    5. Constantin ANGHELACHE & Diana Valentina SOARE & Marius POPOVICI, 2015. "Analysis of Gross Domestic Product Evolution under the Influence of the Final Consumption," Theoretical and Applied Economics, Asociatia Generala a Economistilor din Romania / Editura Economica, vol. 0(4(605), W), pages 45-52, Winter.
    6. Diana Ivanova & Konstantin Stadler & Kjartan Steen-Olsen & Richard Wood & Gibran Vita & Arnold Tukker & Edgar G. Hertwich, 2016. "Environmental Impact Assessment of Household Consumption," Journal of Industrial Ecology, Yale University, vol. 20(3), pages 526-536, June.
    7. Cătălina MOTOFEI, 2017. "Vectors of economic growth in the eastern area of the EU," Theoretical and Applied Economics, Asociatia Generala a Economistilor din Romania - AGER, vol. 0(1(610), S), pages 215-226, Spring.
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