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The Use of Simple Regression in Macroeconomic Analysis

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  • Constantin Anghelache
  • Ligia Prodan

    ()
    ("Dimitrie Cantemir" Christian University)

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    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.

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    File URL: http://orizonturi.ucdc.ro/arhiva/2013_khe_4_pdf/khe_vol_5_iss_4_168to172.pdf
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    File URL: http://orizonturi.ucdc.ro/arhiva/2013_khe_4_pdf/khe_vol_5_iss_4_168to172.pdf
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    Bibliographic Info

    Article provided by Faculty of Finance, Banking and Accountancy Bucharest,"Dimitrie Cantemir" Christian University Bucharest in its journal Knowledge Horizons - Economics.

    Volume (Year): 5 (2013)
    Issue (Month): 4 (December)
    Pages: 168-172

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    Handle: RePEc:khe:journl:v:5:y:2013:i:4:p:168-172

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    Related research

    Keywords: Gross Domestic Product; final consumption; simple regression; model; correlation; variable;

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    1. Constantin ANGHELACHE & Mario G.R. PAGLIACCI & Ligia PRODAN, 2013. "Model For Macroeconomic - Analyse Based On The Regression Function," Romanian Statistical Review, Romanian Statistical Review, vol. 61(1), pages 18-30, February.
    2. Bardsen, Gunnar & Eitrheim, Oyvind & Jansen, Eilev S. & Nymoen, Ragnar, 2005. "The Econometrics of Macroeconomic Modelling," OUP Catalogue, Oxford University Press, number 9780199246502.
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