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Theoretical Aspects Regarding the Use of the Multiple Linear Regression Model in Economic Analyses

Author

Listed:
  • Constantin ANGHELACHE

    („Artifex” University of Bucharest / Academy of Economic Studies, Bucharest)

  • Ioan PARTACHI

    (Academy of Economic Studies of Moldavia)

  • Adina Mihaela DINU

    (Academy of Economic Studies, Bucharest)

  • Ligia PRODAN

    („Dimitrie Cantemir” Christian University, Bucharest)

  • Georgeta BARDAªU (LIXANDRU)

Abstract

In this paper we have studied the dependence between GDP, final consumption and net investments. To analyze this correlation, the article proposes a multiple regression model, extremely useful tool in economic analysis. Regression model described in the article considers the GDP as outcome variables and final consumption and net investment as factorial variables.

Suggested Citation

  • Constantin ANGHELACHE & Ioan PARTACHI & Adina Mihaela DINU & Ligia PRODAN & Georgeta BARDAªU (LIXANDRU), 2013. "Theoretical Aspects Regarding the Use of the Multiple Linear Regression Model in Economic Analyses," Romanian Statistical Review Supplement, Romanian Statistical Review, vol. 61(2), pages 78-87, May.
    • Handle: RePEc:rsr:supplm:v:61:y:2013:i:2:p:78-87
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    More about this item

    Keywords

    Multiple regression; gross domestic product; final consumption; net investment; model; evolution;
    All these keywords.

    JEL classification:

    • C22 - Mathematical and Quantitative Methods - - Single Equation Models; Single Variables - - - Time-Series Models; Dynamic Quantile Regressions; Dynamic Treatment Effect Models; Diffusion Processes
    • O11 - Economic Development, Innovation, Technological Change, and Growth - - Economic Development - - - Macroeconomic Analyses of Economic Development

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