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

Author

Listed:
  • 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)

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.

Suggested Citation

  • Constantin ANGHELACHE & Doina BUREA & Alexandru URSACHE, 2017. "The main interconnections between balance of payments indicators and the macroeconomic aggregates results," Romanian Statistical Review Supplement, Romanian Statistical Review, vol. 65(3), pages 189-196, March.
    • Handle: RePEc:rsr:supplm:v:65:y:2017:i:3:p:189-196
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    References listed on IDEAS

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    Cited by:

    1. Constantin Anghelache & Madalina-Gabriela Anghel & Stefan Virgil Iacob, 2021. "The Evolution Of The Romania'S International Trade During The Health Crisis," Annals - Economy Series, Constantin Brancusi University, Faculty of Economics, vol. 5, pages 30-35, October.

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    More about this item

    Keywords

    gross domestic product; balance; national account; the aggregate economic agent;
    All these keywords.

    JEL classification:

    • E60 - Macroeconomics and Monetary Economics - - Macroeconomic Policy, Macroeconomic Aspects of Public Finance, and General Outlook - - - General
    • F13 - International Economics - - Trade - - - Trade Policy; International Trade Organizations

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