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Analysis of the evolution of Gross Domestic Product in real terms

Author

Listed:
  • Constantin Anghelache

    (Bucharest University of Economic Studies, „ARTIFEX” University of Bucharest)

  • Aurelian Diaconu

    („ARTIFEX” University of Bucharest)

  • Zoica Nicola

    („ARTIFEX” University of Bucharest)

  • Tudor Samson

    (Bucharest University of Economic Studies)

  • Radu Stoica

    (Bucharest University of Economic Studies)

  • Emilia Stanciu

    (Bucharest University of Economic Studies)

Abstract

In this paper, the authors have assumed to analyze the evolution of the Gross Domestic Product in real terms, during the period 2000-2016. The accent is placed on a more detailed study for the lase three years (2014-2016), to forecast the evolution for the following period. The authors have used structural analysis, by resources and uses, of the Gross Domestic Product, to emphasize, based on value indices, the contribution of each branch (resource) or use. There are used absolute and relative data, and a chronological study is made, based on corresponding indices. Conclusions were expressed, on the basis of datasets, gross or seasonally adjusted series. Of course, data for the year 2016 are presented as provisional series, they are to be corrected in the subsequent periods, according to the methodology used in the calculation and value expression of this synthetic indicator of results of Romania. Within the study, there were used data provided by the National Institute of Statistics, and also, some aspects included in analyses made by other specialized institutions.

Suggested Citation

  • Constantin Anghelache & Aurelian Diaconu & Zoica Nicola & Tudor Samson & Radu Stoica & Emilia Stanciu, 2017. "Analysis of the evolution of Gross Domestic Product in real terms," Romanian Statistical Review Supplement, Romanian Statistical Review, vol. 65(3), pages 88-99, March.
    • Handle: RePEc:rsr:supplm:v:65:y:2017:i:3:p:88-99
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    More about this item

    Keywords

    Gross Domestic Product; production method; expenses method; estimation; deflating; data source;
    All these keywords.

    JEL classification:

    • E60 - Macroeconomics and Monetary Economics - - Macroeconomic Policy, Macroeconomic Aspects of Public Finance, and General Outlook - - - General
    • E69 - Macroeconomics and Monetary Economics - - Macroeconomic Policy, Macroeconomic Aspects of Public Finance, and General Outlook - - - Other

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