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Theoretical and Applied Economics
No. 4 / 2020 (625), Winter

Analyzing Romania GDP: Final consumption, gross investment, and net exports influence compared to previously published models

Alexander I. VILLANUEVA
Texas Tech University, USA

Abstract. This paper analyzes final consumption, gross investment, and net exports influence on gross domestic product (GDP) for Romania from 1990-2014. The results show final consumption and gross investment being the dominant influences during this time period, whereas net exports had a minimal yet statistically significant effect. This paper also compares the model created against a previously published model to determine which is best suited for this type of analysis.

Keywords: gross domestic product (GDP), consumption, investment, net exports, multiple linear regression, Romania.

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The Economicity. The Epistemic Landscape, Marin Dinu, 2016

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