IDEAS home Printed from https://ideas.repec.org/a/agr/journl/vxxiiy2015i3(604)p137-142.html
   My bibliography  Save this article

Analysis of final consumption and gross investment influence on GDP – multiple linear regression model

Author

Listed:
  • Constantin ANGHELACHE

    (Academy of Economic Studies, Bucharest)

  • Alexandru MANOLE

    („Artifex” University of Bucharest)

  • Mădălina Gabriela ANGHEL

    („Artifex” University of Bucharest)

Abstract

This paper emphasizes the application of regression models in macroeconomic analyses. The particular situation approached is the influence of final consumption and gross investments on the evolution of Romania’s Gross Domestic Product. The results of such research are supposed to contribute to deeper and more complex analyses of the GDP, the main indicator that shows the performance of a national economy. The dataset is made of official figures drawn from the Romanian Statistics authority, and the analysis is performed with the help of the Eviews software. The proposed model was tested by using proper instruments, the results of the tests are also presented in the paper.

Suggested Citation

  • Constantin ANGHELACHE & Alexandru MANOLE & Mădălina Gabriela ANGHEL, 2015. "Analysis of final consumption and gross investment influence on GDP – multiple linear regression model," Theoretical and Applied Economics, Asociatia Generala a Economistilor din Romania / Editura Economica, vol. 0(3(604), A), pages 137-142, Autumn.
    • Handle: RePEc:agr:journl:v:xxii:y:2015:i:3(604):p:137-142
    as

    Download full text from publisher

    File URL: http://store.ectap.ro/articole/1115.pdf
    Download Restriction: no
    File URL: http://www.ectap.ro/articol.php?id=1115&rid=120
    Download Restriction: no
    ---><---

    References listed on IDEAS

    as
    1. Ana Maria Mihaela Iordache & Ionela Catalina Tudorache & Mihai Tiberiu Iordache, 2011. "An Econometrical Model For Calculating The Romanian Gross Domestic Product," Romanian Economic Business Review, Romanian-American University, vol. 5(2.1), pages 492-499, December.
    2. Mihaela Ioneci & Georgiana Mîndreci, 2010. "The Impact Of The Foreign Direct Investment On Romania’s Economy," Annals of the University of Petrosani, Economics, University of Petrosani, Romania, vol. 10(2), pages 199-206.
    3. Graeme Chamberlin, 2011. "Gross domestic product, real income and economic welfare," Economic & Labour Market Review, Palgrave Macmillan;Office for National Statistics, vol. 5(5), pages 5-25, May.
    4. Constantin MITRUT & Adina Mihaela DINU & Ligia PRODAN & Bogdan DRAGOMIR, 2014. "GDP and Foreign Investments Evolution," Romanian Statistical Review Supplement, Romanian Statistical Review, vol. 62(1), pages 126-129, January.
    5. Constantin ANGHELACHE & Madalina Gabriela ANGHEL & Ligia PRODAN & Cristina SACALA & Marius POPOVICI, 2014. "Multiple Linear Regression Model Used in Economic Analyses," Romanian Statistical Review Supplement, Romanian Statistical Review, vol. 62(10), pages 120-127, Octomber.
    Full references (including those not matched with items on IDEAS)

    Citations

    Citations are extracted by the CitEc Project, subscribe to its RSS feed for this item.
    as


    Cited by:

    1. Madalina-Gabriela ANGHEL & Constantin ANGHELACHE & Diana Valentina DUMITRESCU & Daniel DUMITRESCU, 2016. "Analysis of the correlation between the Gross Domestic Product and some factorial variables," Romanian Statistical Review Supplement, Romanian Statistical Review, vol. 64(10), pages 138-145, October.
    2. repec:agr:journl:v:4(605):y:2015:i:4(605):p:45-52 is not listed on IDEAS
    3. Mario G.R. Pagliacci & Constantin Anghelache & Alexandru Manole & Madalina Gabriela Anghel, 2016. "The Econometric Model for the Economic and Financial Analysis of Romanian International Trade," Romanian Statistical Review, Romanian Statistical Review, vol. 64(3), pages 53-66, September.
    4. Muhammad Umar & Muhammad Safdar Sial & Yan Xu, 2021. "What Are The Channels Through Which Bank Liquidity Creation Affects GDP? Evidence From an Emerging Country," SAGE Open, , vol. 11(2), pages 21582440211, June.
    5. Constantin ANGHELACHE & Alexandru MANOLE & Mădălina-Gabriela ANGHEL, 2017. "Macroeconomic models used in structural analysis of GDP," Theoretical and Applied Economics, Asociatia Generala a Economistilor din Romania / Editura Economica, vol. 0(1(610), S), pages 197-206, Spring.
    6. Mirela PANAIT & Cătălin VOICA, 2017. "The relation between foreign direct investments and some economic indicators. The case of Romanian economy," Theoretical and Applied Economics, Asociatia Generala a Economistilor din Romania / Editura Economica, vol. 0(2(611), S), pages 263-276, Summer.
    7. Constantin ANGHELACHE & Diana Valentina SOARE & Marius POPOVICI, 2015. "Analysis of Gross Domestic Product Evolution under the Influence of the Final Consumption," Theoretical and Applied Economics, Asociatia Generala a Economistilor din Romania / Editura Economica, vol. 0(4(605), W), pages 45-52, Winter.
    8. Alexander I. VILLANUEVA, 2020. "Analyzing Romania GDP: Final consumption, gross investment, and net exports influence compared to previously published models," Theoretical and Applied Economics, Asociatia Generala a Economistilor din Romania / Editura Economica, vol. 0(4(625), W), pages 169-176, Winter.
    9. Madalina Gabriela ANGHEL & Constantin ANGHELACHE & Emilia STANCIU & Marius POPOVICI, 2016. "The Substantiation of the Investment Decision," Romanian Statistical Review Supplement, Romanian Statistical Review, vol. 64(8), pages 94-103, August.
    10. BRICIU Sorin & OFILEANU Dimi, 2016. "The Analysis Of The Factors That Influence The Turnover In The Romanian Footwear Industry," Revista Economica, Lucian Blaga University of Sibiu, Faculty of Economic Sciences, vol. 68(4), pages 59-81, December.
    11. Nigar Huseynli, 2022. "Effect of Renewable Energy and Traditional Energy Production on Economic Growth: The Case of Turkey and Azerbaijan," International Journal of Energy Economics and Policy, Econjournals, vol. 12(3), pages 257-261, May.
    12. Constantin ANGHELACHE & Alexandru MANOLE & Mădălina-Gabriela ANGHEL, 2017. "Macroeconomic models used in structural analysis of GDP," Theoretical and Applied Economics, Asociatia Generala a Economistilor din Romania - AGER, vol. 0(1(610), S), pages 197-206, Spring.
    13. Madalina Gabriela ANGHEL & Aurelian DIACONU & Cristina SACALA, 2015. "Analysis of the Evolution of Gross Domestic Product by Categories of Users," Romanian Statistical Review Supplement, Romanian Statistical Review, vol. 63(10), pages 35-42, October.
    14. Constantin ANGHELACHE & Madalina Gabriela ANGHEL, 2017. "Econometric Methods And Models Used In The Analysis Of The Factorial Influence Of The Gross Domestic Product Growth," Network Intelligence Studies, Romanian Foundation for Business Intelligence, Editorial Department, issue 9, pages 67-78, June.
    15. Mirela PANAIT & Andreea – Ioana Marinescu, 2016. "Statistical-econometric model used for the analysis of the correlation between the Gross Domestic Product and the Labour Productivity," Romanian Statistical Review Supplement, Romanian Statistical Review, vol. 64(11), pages 180-187, November.
    16. Alexandru MANOLE & Constantin ANGHELACHE & Madalina Gabriela ANGHEL & Andreea MARINESCU, 2016. "Sensitivity analysis methods in uncertainty environment," Romanian Statistical Review Supplement, Romanian Statistical Review, vol. 64(8), pages 59-69, August.
    17. Constantin Anghelache & Alexandru Manole & Madalina-Gabriela Anghel & Emilia Stanciu & Alexandru Ursache, 2017. "Some Significant Macroeconomic Evolutions at the End of 2016," International Journal of Academic Research in Accounting, Finance and Management Sciences, Human Resource Management Academic Research Society, International Journal of Academic Research in Accounting, Finance and Management Sciences, vol. 7(1), pages 213-224, January.
    18. Madalina-Gabriela ANGHEL & Georgiana NITA & Alexandru BADIU, 2017. "Impact of Remittances on Financial Development and Economic Growth," Romanian Statistical Review Supplement, Romanian Statistical Review, vol. 65(1), pages 106-112, January.

    Most related items

    These are the items that most often cite the same works as this one and are cited by the same works as this one.
    1. repec:agr:journl:v:3(604):y:2015:i:3(604):p:137-142 is not listed on IDEAS
    2. Constantin Anghelache & Alexandru Manole & Madalina Gabriela Anghel, 2015. "Analysis of Final Consumption, Gross Investment, the Changes in Inventories and Net Exports Influence of GDP Evolution, by Multiple Regression," International Journal of Academic Research in Accounting, Finance and Management Sciences, Human Resource Management Academic Research Society, International Journal of Academic Research in Accounting, Finance and Management Sciences, vol. 5(3), pages 66-70, July.
    3. Dobrota Gabriela, 2015. "Analysis And Comparisons Of The Business Sector In Romania In Regional And National Level Under The Influence Of Macroeconomic Developments," Annals - Economy Series, Constantin Brancusi University, Faculty of Economics, vol. 6, pages 95-100, December.
    4. Constantin ANGHELACHE & Mădălina-Gabriela ANGHEL & Ștefan Virgil IACOB & Tudor SAMSON, 2020. "Analysis of the quarterly evolution of the Gross Domestic Product," Theoretical and Applied Economics, Asociatia Generala a Economistilor din Romania / Editura Economica, vol. 0(3(624), A), pages 243-260, Autumn.
    5. Adriana AnaMaria DAVIDESCU, 2015. "The Relationship between Shadow Economy and Unemployment Rate. A Ardl Causality Analysis for the Case Of Romania," Romanian Statistical Review, Romanian Statistical Review, vol. 63(4), pages 46-62, December.
    6. Heidarlou, Hadi Beygi & Mirshekarlou, Asma Karamat & Lopez-Carr, David & Borz, Stelian Alexandru, 2024. "Conservation policy and forest transition in Zagros forests: Statistical analysis of human welfare, biophysical, and climate drivers," Forest Policy and Economics, Elsevier, vol. 161(C).
    7. Daniel DUMITRESCU & Mădălina Gabriela ANGHEL & Constantin ANGHELACHE, 2015. "Analysis Model of GDP Dependence on the Structural Variables," Theoretical and Applied Economics, Asociatia Generala a Economistilor din Romania / Editura Economica, vol. 0(4(605), W), pages 151-158, Winter.
    8. Alexander I. VILLANUEVA, 2020. "Analyzing Romania GDP: Final consumption, gross investment, and net exports influence compared to previously published models," Theoretical and Applied Economics, Asociatia Generala a Economistilor din Romania / Editura Economica, vol. 0(4(625), W), pages 169-176, Winter.
    9. Constantin Anghelache & Mădălina-Gabriela Anghel & Ștefan Virgil Iacob & Mirela Panait & Irina Gabriela Rădulescu & Alina Gabriela Brezoi & Adrian Miron, 2022. "The Effects of Health Crisis on Economic Growth, Health and Movement of Population," Sustainability, MDPI, vol. 14(8), pages 1-22, April.
    10. Florian Blaschke & Biewendt Marcel & Böhnert Arno, 2021. "The Repercussions of the Digital Twin in the Automotive Industry on the New Marketing Logic," European Journal of Marketing and Economics Articles, Revistia Research and Publishing, vol. 4, ejme_v4_i.
    11. Magdalena Radulescu & Elena Jianu, 2011. "FDIs in Spain after its EU Accession. Spanish Investments in Romania and How can be used Spanish Experience for Romania’s Development," Annals of the University of Petrosani, Economics, University of Petrosani, Romania, vol. 11(2), pages 233-256.
    12. Mihaela Ioneci & Georgiana Mîndreci, 2011. "Flexicurity Between Theory and Practice in the Romanian Economy," Annals of the University of Petrosani, Economics, University of Petrosani, Romania, vol. 11(3), pages 139-146.
    13. Constantin ANGHELACHE & Ștefan Virgil IACOB & Dana Luiza GRIGORESCU, 2020. "The analysis of the quarterly evolution of the gross domestic product in 2019," Theoretical and Applied Economics, Asociatia Generala a Economistilor din Romania / Editura Economica, vol. 0(1(622), S), pages 171-182, Spring.
    14. Constantin ANGHELACHE & Alexandru MANOLE & Aurelian DIACONU, 2016. "Economic and social evolution of Romania during the recent period –multidimensional analysis," Romanian Statistical Review Supplement, Romanian Statistical Review, vol. 64(8), pages 19-25, August.
    15. Dan CRUCERU & Madalina Gabriela ANGHEL & Aurelian DIACONU, 2016. "The multiple linear regression used to analyse the correlation between variables," Romanian Statistical Review Supplement, Romanian Statistical Review, vol. 64(10), pages 114-117, October.
    16. Emmanouil Karakostas, 2023. "The Macroeconomic Determinants of the Stock Market Index Performance: The Case of DAX Index," International Journal of Economics & Business Administration (IJEBA), International Journal of Economics & Business Administration (IJEBA), vol. 0(3), pages 21-38.
    17. Anghelache Constantin & Anghel Madalina-Gabriela, 2017. "Econometric Model For Complex Analyses And Forecast Of The Gross Domestic Product," Annals - Economy Series, Constantin Brancusi University, Faculty of Economics, vol. 1, pages 5-12, December.
    18. Mirela PANAIT & Andreea – Ioana Marinescu, 2016. "Statistical-econometric model used for the analysis of the correlation between the Gross Domestic Product and the Labour Productivity," Romanian Statistical Review Supplement, Romanian Statistical Review, vol. 64(11), pages 180-187, November.
    19. Constantin ANGHELACHE & Madalina Gabriela ANGHEL & Cristina SACALA, 2016. "The Financial Sector Influence On Portfolio Dynamics," Romanian Statistical Review Supplement, Romanian Statistical Review, vol. 64(7), pages 9-13, July.
    20. Madalina Gabriela ANGHEL & Aurelian DIACONU & Cristina SACALA, 2015. "Analysis of the Evolution of Gross Domestic Product by Categories of Users," Romanian Statistical Review Supplement, Romanian Statistical Review, vol. 63(10), pages 35-42, October.
    21. Anghelache Constantin & Anghel Madalina-Gabriela, 2018. "Analysis Of The Evolution Of Result Indicators In The Member States Of The European Union," Annals - Economy Series, Constantin Brancusi University, Faculty of Economics, vol. 6, pages 15-22, December.

    Corrections

    All material on this site has been provided by the respective publishers and authors. You can help correct errors and omissions. When requesting a correction, please mention this item's handle: RePEc:agr:journl:v:xxii:y:2015:i:3(604):p:137-142. See general information about how to correct material in RePEc.

    If you have authored this item and are not yet registered with RePEc, we encourage you to do it here. This allows to link your profile to this item. It also allows you to accept potential citations to this item that we are uncertain about.

    If CitEc recognized a bibliographic reference but did not link an item in RePEc to it, you can help with this form .

    If you know of missing items citing this one, you can help us creating those links by adding the relevant references in the same way as above, for each refering item. If you are a registered author of this item, you may also want to check the "citations" tab in your RePEc Author Service profile, as there may be some citations waiting for confirmation.

    For technical questions regarding this item, or to correct its authors, title, abstract, bibliographic or download information, contact: Mircea Dinu (email available below). General contact details of provider: https://edirc.repec.org/data/agerrea.html .

    Please note that corrections may take a couple of weeks to filter through the various RePEc services.

    IDEAS is a RePEc service. RePEc uses bibliographic data supplied by the respective publishers.