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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Format: | Article |
Language: | English |
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Romanian Foundation for Business Intelligence
2014-04-01
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Series: | SEA: Practical Application of Science |
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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. |
first_indexed | 2024-04-13T00:48:17Z |
format | Article |
id | doaj.art-f2b6261468ec4457b33cd8b724a1a4bf |
institution | Directory Open Access Journal |
issn | 2360-2554 |
language | English |
last_indexed | 2024-04-13T00:48:17Z |
publishDate | 2014-04-01 |
publisher | Romanian Foundation for Business Intelligence |
record_format | Article |
series | SEA: Practical Application of Science |
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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