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Multiple Regressions Used in Analysis of Private Consumption and Public Final Consumption Evolution

Author

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  • Constantin Anghelache
  • Madalina Gabriela Anghel
  • Marius Popovici

Abstract

This paper approaches the evolution of the final consumption recorded at the level of the Romanian economy. The main variable of the analysis is the final consumption, which the authors assume to be influenced by the private consumption and the public consumption. The correlation between the main parameter and its influence factors is analyzed through a regression model, designed with the help of Eviews. The model is tested using standard methods and the results of the tests are also commented within the article.

Suggested Citation

  • Constantin Anghelache & Madalina Gabriela Anghel & Marius Popovici, 2015. "Multiple Regressions Used in Analysis of Private Consumption and Public Final Consumption Evolution," 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(4), pages 69-73, October.
    • Handle: RePEc:hur:ijaraf:v:5:y:2015:i:4:p:69-73
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    References listed on IDEAS

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    1. Edward N. Wolff & Ajit Zacharias & Asena Caner, 2005. "Household wealth, public consumption and economic well-being in the United States," Cambridge Journal of Economics, Oxford University Press, vol. 29(6), pages 1073-1090, November.
    2. Rüdiger Bachmann & Jinhui H. Bai, 2013. "Public consumption over the business cycle," Quantitative Economics, Econometric Society, vol. 4(3), pages 417-451, November.
    3. Censolo, Roberto & Colombo, Caterina, 2008. "Public consumption composition in a growing economy," Journal of Macroeconomics, Elsevier, vol. 30(4), pages 1479-1495, December.
    4. Scutaru, Cornelia & Saman, Corina & Stanica, Cristian, 2009. "The Relation between Predictability and Complexity: Domestic and Public Consumption in the Romanian Economy," Journal for Economic Forecasting, Institute for Economic Forecasting, vol. 6(3), pages 34-46, September.
    5. Francesca Bastagli & John Hills, 2013. "What Gives? Household Consumption Patterns and the 'Big Trade Off' with Public Consumption," CASE Papers case170, Centre for Analysis of Social Exclusion, LSE.
    6. repec:cep:sticas:/170 is not listed on IDEAS
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    Cited by:

    1. Mihai Paunica, 2017. "Structural Analysis of the Final Consumption of Households: Evidence from Romania, Estonia and Latvia," 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(3), pages 151-156, July.
    2. Constantin ANGHELACHE & Radu Titus MARINESCU & Diana Valentina DUMITRESCU, 2017. "Time Diversification In Consumption And Saving," Romanian Statistical Review Supplement, Romanian Statistical Review, vol. 65(2), pages 64-70, February.
    3. Alexandru MANOLE & Mariana BUNEA & Ana CARP & Diana-Valentina SOARE & Maria MIREA, 2017. "Model analysis of the correlation between final consumption and its components," Romanian Statistical Review Supplement, Romanian Statistical Review, vol. 65(2), pages 105-113, February.
    4. Madalina-Gabriela ANGHEL & Ana CARP & Marian SFETCU & Stefan Gabriel DUMBRAVA, 2017. "Econometric Model For Analyzing The Influence Of Factors On Final Consumption," Romanian Statistical Review Supplement, Romanian Statistical Review, vol. 65(10), pages 123-131, October.
    5. Constantin ANGHELACHE & Alexandru MANOLE & Madalina-Gabriela ANGHEL & Florin Paul Costel LILEA & Mariana BUNEA, 2017. "Analysis Models Of The Life Quality Standard In Romania," Romanian Statistical Review Supplement, Romanian Statistical Review, vol. 65(5), pages 17-30, May.
    6. Constantin ANGHELACHE & Madalina-Gabriela ANGHEL & Radu STOICA, 2017. "Quarterly Analysis Of Gross Domestic Product Evolution - Significance Of Growth Rate," Romanian Statistical Review Supplement, Romanian Statistical Review, vol. 65(6), pages 16-28, June.
    7. Galina Ševčenko-Kozlovska & Kristina Čižiūnienė, 2022. "A Study of the Relationship between Lithuanian International Migration Flows and Transport Sector Performance Indicators," Sustainability, MDPI, vol. 14(16), pages 1-22, August.

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