Linking Money Supply With The Gross Domestic Product In Romania
Evolution of money supply and gross domestic product are in a close relationship, inthis paper we analysis this relationship in order to construct a function which will explicit thisconnection for Romania. Evolution of gross domestic product is one with a seasonal component sofrom the data series we will be eliminating seasonality with the X-12 ARIMA method. Analyzing thedata of money supply (M3) and of GDP over ten years through the Augmented Dickey-Fuller weobtained that both series are non-stationary. Applying the co-integration analysis method Engle-Granger we conclude that the two series have a cointegration relationship between them. We willpropose a model explanation of the link between the two sets of data type, a DVAR model.
Volume (Year): 1 (2010)
Issue (Month): 12 ()
|Contact details of provider:|| |
References listed on IDEAS
Please report citation or reference errors to , or , if you are the registered author of the cited work, log in to your RePEc Author Service profile, click on "citations" and make appropriate adjustments.:
- Ozturk, Ilhan & Acaravci, Ali, 2008. "The Demand for Money in Transition Economies," Journal for Economic Forecasting, Institute for Economic Forecasting, vol. 5(2), pages 35-43, June.
- Pop Silaghi, Monica Ioana, 2009. "Exports-Economic Growth Causality: Evidence from CEE Countries," Journal for Economic Forecasting, Institute for Economic Forecasting, vol. 6(2), pages 105-117, June.
- Bernd Hayo, 1999.
"The Demand For Money In Austria,"
When requesting a correction, please mention this item's handle: RePEc:alu:journl:v:1:y:2010:i:12:p:50. See general information about how to correct material in RePEc.
For technical questions regarding this item, or to correct its authors, title, abstract, bibliographic or download information, contact: (Dan-Constantin Danuletiu)
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 references are entirely missing, you can add them using this form.
If the full references list an item that is present in RePEc, but the system did not link 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 profile, as there may be some citations waiting for confirmation.
Please note that corrections may take a couple of weeks to filter through the various RePEc services.