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Analysis of the interdependence between gross domestic product (GDP), steel production and iron production (10 states of European Union)

Author

Listed:
  • Paliu-Popa, Lucia
  • Chirtoc, Irina Elena
  • Busan, Gabriela

Abstract

Given the intensification of the world economy globalization, the production represents one of the factors characterizing the development of a country and its performance. In this context, this paper aims to establish and analyze the influence of the crude steel production and blast furnace iron production on the gross domestic product, using the multiple linear regression model. Data subject to the study are related to the period 2004 – 2014, and the research refers to the first ten countries producing crude steel and blast furnace iron, members of the European Union.

Suggested Citation

  • Paliu-Popa, Lucia & Chirtoc, Irina Elena & Busan, Gabriela, 2015. "Analysis of the interdependence between gross domestic product (GDP), steel production and iron production (10 states of European Union)," MPRA Paper 87384, University Library of Munich, Germany.
    • Handle: RePEc:pra:mprapa:87384
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    File URL: https://mpra.ub.uni-muenchen.de/87384/1/MPRA_paper_87384.pdf
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    References listed on IDEAS

    as
    1. Paliu-Popa, Lucia, 2015. "Impact of the economic and financial crisis on the evolving trend of crude steel consumption," MPRA Paper 87383, University Library of Munich, Germany.
    2. Paliu-Popa, Lucia & Babucea, Ana Gabriela & Rabontu, Cecilia Irina & Balacescu, Aniela, 2014. "The impact of the economic and financial crisis on the evolutionary trend of world crude steel production," MPRA Paper 87407, University Library of Munich, Germany.
    Full references (including those not matched with items on IDEAS)

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    Cited by:

    1. Gabriela Busan & Nicolae Ecobici, 2016. "Contribution Of Production And Imports Of Crude Steel To Increase Gdp In The European Union Countries During The Economic Crisis," Annals - Economy Series, Constantin Brancusi University, Faculty of Economics, vol. 4, pages 220-224, August.

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    1. Paliu-Popa, Lucia & Chirtoc, Irina Elena & Busan, Gabriela & Todorut, Amalia Venera, 2016. "Interdependence between the steel castings and manufacture of machines and equipment," MPRA Paper 87382, University Library of Munich, Germany.
    2. Todorut, Amalia Venera & Paliu-Popa, Lucia & Cirnu, Doru, 2016. "Interdependence between iron ore production and maritime transport," MPRA Paper 87385, University Library of Munich, Germany.

    More about this item

    Keywords

    gross domestic product; crude steel; blast furnace iron; production; economic increase;
    All these keywords.

    JEL classification:

    • L61 - Industrial Organization - - Industry Studies: Manufacturing - - - Metals and Metal Products; Cement; Glass; Ceramics

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