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GDP Correlation Analysis - HICP Inflation Rate in Romania, Hungary and Bulgaria

Author

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  • Iuga Iulia

    (“1 Decembrie 1918†University of Alba Iulia)

Abstract

The purpose of the present study is to make a comparative account between gross domesticproduct (GDP) and inflation rate based on the harmonized index of consumer prices (HICP). These indicators represent the main factors for measuring and comparing inflation in the MemberStates of the European Union, thus reflecting the way to handle the costs of households in the grossdomestic product. The survey was conducted over a period of eight years, namely, 2007-2014, andthe data were collected from Eurostat and processed using the Eviwes program.

Suggested Citation

  • Iuga Iulia, 2017. "GDP Correlation Analysis - HICP Inflation Rate in Romania, Hungary and Bulgaria," Ovidius University Annals, Economic Sciences Series, Ovidius University of Constantza, Faculty of Economic Sciences, vol. 0(1), pages 503-508, June.
    • Handle: RePEc:ovi:oviste:v:xvii:y:2017:i:1:p:503-508
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    More about this item

    Keywords

    correlation analysis; GDP; inflation rate; comparative analyses;
    All these keywords.

    JEL classification:

    • P51 - Political Economy and Comparative Economic Systems - - Comparative Economic Systems - - - Comparative Analysis of Economic Systems
    • E31 - Macroeconomics and Monetary Economics - - Prices, Business Fluctuations, and Cycles - - - Price Level; Inflation; Deflation
    • E60 - Macroeconomics and Monetary Economics - - Macroeconomic Policy, Macroeconomic Aspects of Public Finance, and General Outlook - - - General

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