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Theoretical and Applied Economics
No. 3 / 2015 (604), Autumn

Analysis of final consumption and gross investment influence on GDP – multiple linear regression model

Constantin ANGHELACHE
Academy of Economic Studies, Bucharest
Alexandru MANOLE
„Artifex” University of Bucharest
Mădălina Gabriela ANGHEL
„Artifex” University of Bucharest

Abstract. This paper emphasizes the application of regression models in macroeconomic analyses. The particular situation approached is the influence of final consumption and gross investments on the evolution of Romania’s Gross Domestic Product. The results of such research are supposed to contribute to deeper and more complex analyses of the GDP, the main indicator that shows the performance of a national economy. The dataset is made of official figures drawn from the Romanian Statistics authority, and the analysis is performed with the help of the Eviews software. The proposed model was tested by using proper instruments, the results of the tests are also presented in the paper.

Keywords: final consumption, gross investment, prices, relationship, value.

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