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The Use of Simple Regression in Macroeconomic Analysis.

Authors :
ANGHELACHE, Constantin
PRODAN, Ligia
Source :
Knowledge Horizons / Orizonturi ale Cunoasterii. 2013, Vol. 5 Issue 4, p168-172. 5p.
Publication Year :
2013

Abstract

This article shows the evolution of the main macroeconomic indicators of results, Gross Domestic Product correlated with variation of final consumption in our country in the years 1990 to 2011. The values of the two macroeconomic indicators have been deflated using the consumer price index with fixed basis, considering the first year of the series, 1990, as a reference. The evolution of the Gross Domestic Product is influenced to a large extent by changes of final consumption. To achieve the correlation between the two macroeconomic indicators, article proposes using the linear regression model, model is the basis of many micro and macroeconomic analysis. In this regression model is considered the gross domestic product as outcome variables and the final consumption as the variable factorial. [ABSTRACT FROM AUTHOR]

Details

Language :
English
ISSN :
20690932
Volume :
5
Issue :
4
Database :
Academic Search Index
Journal :
Knowledge Horizons / Orizonturi ale Cunoasterii
Publication Type :
Academic Journal
Accession number :
89881373