THE IMPACT OF THE MAIN MACROECONOMIC INDICATORS ON THE FINAL CONSUMPTION OF THE POPULATION

In the last few years, and especially after the beginning of the economic and financial crisis in Romania, significant changes occurred in the macroeconomic indicators conditioning the final consumption of the population. Consequently, in this article, we aimed at analysing the evolution of the main...

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Main Authors: Consuela NECȘULESCU, Luminița Șerbănescu
Format: Article
Language:English
Published: Romanian Foundation for Business Intelligence 2014-04-01
Series:SEA: Practical Application of Science
Subjects:
Online Access: http://seaopenresearch.eu/Journals/articles/SPAS_3_46.pdf
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author Consuela NECȘULESCU
Luminița Șerbănescu
author_facet Consuela NECȘULESCU
Luminița Șerbănescu
author_sort Consuela NECȘULESCU
collection DOAJ
description In the last few years, and especially after the beginning of the economic and financial crisis in Romania, significant changes occurred in the macroeconomic indicators conditioning the final consumption of the population. Consequently, in this article, we aimed at analysing the evolution of the main macroeconomic indicators (the Gross Domestic Product, - GDP, the inflation rate, the unemployment rate) influencing the final consumption of the population, as well as the correlation among these variables. For the analysis of these correlations I proposed using the linear regression model. The analysis of the trend and of the causal links among the studied variables uses annual series from the 2000 – 2012 period. For the statistical processing and the econometric modelling we used software Excel and Eviews software packages.
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spelling doaj.art-f2b6261468ec4457b33cd8b724a1a4bf2022-12-22T03:09:56ZengRomanian Foundation for Business IntelligenceSEA: Practical Application of Science2360-25542014-04-01II3 (1/2014)388396seapas:y:2014:i:3:p:388-396THE IMPACT OF THE MAIN MACROECONOMIC INDICATORS ON THE FINAL CONSUMPTION OF THE POPULATIONConsuela NECȘULESCU0Luminița Șerbănescu1 Faculty of Economic Sciences, University of Pitesti, Romania Faculty of Economic Sciences, University of Pitesti, Romania In the last few years, and especially after the beginning of the economic and financial crisis in Romania, significant changes occurred in the macroeconomic indicators conditioning the final consumption of the population. Consequently, in this article, we aimed at analysing the evolution of the main macroeconomic indicators (the Gross Domestic Product, - GDP, the inflation rate, the unemployment rate) influencing the final consumption of the population, as well as the correlation among these variables. For the analysis of these correlations I proposed using the linear regression model. The analysis of the trend and of the causal links among the studied variables uses annual series from the 2000 – 2012 period. For the statistical processing and the econometric modelling we used software Excel and Eviews software packages. http://seaopenresearch.eu/Journals/articles/SPAS_3_46.pdf GDPinflation rateunemployment ratefinal consumption of the populationstatistical tests
spellingShingle Consuela NECȘULESCU
Luminița Șerbănescu
THE IMPACT OF THE MAIN MACROECONOMIC INDICATORS ON THE FINAL CONSUMPTION OF THE POPULATION
SEA: Practical Application of Science
GDP
inflation rate
unemployment rate
final consumption of the population
statistical tests
title THE IMPACT OF THE MAIN MACROECONOMIC INDICATORS ON THE FINAL CONSUMPTION OF THE POPULATION
title_full THE IMPACT OF THE MAIN MACROECONOMIC INDICATORS ON THE FINAL CONSUMPTION OF THE POPULATION
title_fullStr THE IMPACT OF THE MAIN MACROECONOMIC INDICATORS ON THE FINAL CONSUMPTION OF THE POPULATION
title_full_unstemmed THE IMPACT OF THE MAIN MACROECONOMIC INDICATORS ON THE FINAL CONSUMPTION OF THE POPULATION
title_short THE IMPACT OF THE MAIN MACROECONOMIC INDICATORS ON THE FINAL CONSUMPTION OF THE POPULATION
title_sort impact of the main macroeconomic indicators on the final consumption of the population
topic GDP
inflation rate
unemployment rate
final consumption of the population
statistical tests
url http://seaopenresearch.eu/Journals/articles/SPAS_3_46.pdf
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