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Using econometric models in the analysis of the correlation between the evolution of the Gross Domestic Product and Foreign Direct Investments

Author

Listed:
  • Constantin ANGHELACH

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

  • Ioan PARTACHI

    (Academy of Economic Studies of Moldavia)

  • Cristina SACALÃ

    (Bucharest University of Economic Studies)

  • Alexandru URSACHE

    (Bucharest University of Economic Studies)

Abstract

In this paper, the authors focus on the analysis of the correlation between the Gross Domestic Product and the Foreign Direct Investments. The analysis methodology assumes the application of a simple linear regression on a determined dataset, with the help of a specialized software system. The authors have described the statistical tests that characterize the analyzed datasets, and the correlation between them. The correlation was analyzed both from the graphical viewpoint and also through a simple linear regression.

Suggested Citation

  • Constantin ANGHELACH & Ioan PARTACHI & Cristina SACALÃ & Alexandru URSACHE, 2016. "Using econometric models in the analysis of the correlation between the evolution of the Gross Domestic Product and Foreign Direct Investments," Romanian Statistical Review Supplement, Romanian Statistical Review, vol. 64(10), pages 124-129, October.
    • Handle: RePEc:rsr:supplm:v:64:y:2016:i:10:p:124-129
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    References listed on IDEAS

    as
    1. Alfaro, Laura & Chanda, Areendam & Kalemli-Ozcan, Sebnem & Sayek, Selin, 2004. "FDI and economic growth: the role of local financial markets," Journal of International Economics, Elsevier, vol. 64(1), pages 89-112, October.
    2. Constantin ANGHELACHE & Victoria Gabriela ANGHELACHE & Alexandru URSACHE, 2015. "Model of structural analysis of the dynamics of the DFI at European level," Romanian Statistical Review Supplement, Romanian Statistical Review, vol. 63(10), pages 65-72, October.
    3. Alin OPREANA, 2015. "A New Perspective of Investment Modelling at the European Union Level," Expert Journal of Economics, Sprint Investify, vol. 3(2), pages 143-148.
    4. Ivan, Mihail Vincenţiu & Iacovoiu, Viorela, 2008. "Rolul Investiţiilor Străine Directe În Contextul Obligativităţii Îndeplinirii Criteriilor De Convergenţă," Studii Financiare (Financial Studies), Centre of Financial and Monetary Research "Victor Slavescu", vol. 12(4), pages 73-92, December.
    5. Kresimir Cicak & Petar Soric, 2015. "The Interrelationship of FDI and GDP in European Transition Countries," International Journal of Management Science and Business Administration, Inovatus Services Ltd., vol. 1(4), pages 41-58, March.
    6. Albu, Lucian Liviu, 2007. "Modelarea si evaluarea impactului investitiilor directe, nationale si internationale asupra pietii muncii si evolutiei macroeconomice din Romania - Modele macroeconomice - studiu de sinteza," Working Papers of Macroeconomic Modelling Seminar 071501, Institute for Economic Forecasting.
    7. Constantin ANGHELACHE & Madalina Anghel, 2015. "Model of analysis of the dynamics of the DFI (DFI) sold correlated with the evolution of the GDP at European level," Romanian Statistical Review Supplement, Romanian Statistical Review, vol. 63(10), pages 79-85, October.
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    Cited by:

    1. Constantin ANGHELACHE & Ștefan Virgil IACOB & Alexandra PETRE & Cristian OLTEANU, 2023. "Comparative study on the legislative framework for attracting FDI in Romania," Theoretical and Applied Economics, Asociatia Generala a Economistilor din Romania - AGER, vol. 0(3(636), A), pages 41-52, Autumn.
    2. 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.
    3. 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.
    4. V. Koibichuk & T. Bezbakh, 2020. "Investigation of the character and significance of the impact of labor market factors on the country’s investment attractiveness," Economy and Forecasting, Valeriy Heyets, issue 2, pages 80-96.
    5. Mădălina-Gabriela ANGHEL & Denis-Arthur STRIJEK & Marius-Cristian RĂDUȚ, 2023. "Comparative study on the global performance of companies with foreign capital and those with Romanian capital," Theoretical and Applied Economics, Asociatia Generala a Economistilor din Romania - AGER, vol. 0(3(636), A), pages 93-106, Autumn.
    6. Edward Alabie Borteye & Williams Kwasi Peprah, 2022. "Correlates of Stock Market Development and Economic Growth: A Confirmatory Study from Ghana," International Journal of Economics and Finance, Canadian Center of Science and Education, vol. 14(3), pages 1-1, February.

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