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Comparative study of the evolution of the Gross Domestic Product indicator

Author

Listed:
  • Constantin Anghelache

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

  • Aurelian DIACONU

    („ARTIFEX” University of Bucharest)

  • Andreea Ioana MARINESCU

    (Bucharest University of Economic Studies)

  • Marius POPOVICI

    (Bucharest University of Economic Studies)

Abstract

In this paper, the authors realize a comparative study on the dynamics of the Gross Domestic Product of Romania. This indicator reveals the qualitative and quantitative results that characterize the economy of a country. In the paper, time-based and space-based comparisons are realized, with emphasis on the evolutions recorded in the European Union countries. The interpretation of the indicators analyzed is completed by a coherent set of measures proposed for the development of the Romanian economy.

Suggested Citation

  • Constantin Anghelache & Aurelian DIACONU & Andreea Ioana MARINESCU & Marius POPOVICI, 2016. "Comparative study of the evolution of the Gross Domestic Product indicator," Romanian Statistical Review Supplement, Romanian Statistical Review, vol. 64(12), pages 165-172, December.
  • Handle: RePEc:rsr:supplm:v:64:y:2016:i:12:p:165-172
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    References listed on IDEAS

    as
    1. Faust, Jon & Rogers, John H & Wright, Jonathan H, 2005. "News and Noise in G-7 GDP Announcements," Journal of Money, Credit and Banking, Blackwell Publishing, vol. 37(3), pages 403-419, June.
    2. Jeong, Hyeok & Townsend, Robert M., 2008. "Growth And Inequality: Model Evaluation Based On An Estimation-Calibration Strategy," Macroeconomic Dynamics, Cambridge University Press, vol. 12(S2), pages 231-284, September.
    3. 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.
    4. Constantin Anghelache & Cristina SACALÃ, 2016. "Multiple linear regression used to analyse the corelation between GDP and some variables," Romanian Statistical Review Supplement, Romanian Statistical Review, vol. 64(9), pages 94-99, September.
    5. M. Fleurbaey., 2012. "Beyond GDP: The Quest for a Measure of Social Welfare," VOPROSY ECONOMIKI, N.P. Redaktsiya zhurnala "Voprosy Economiki", vol. 2.
    6. 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.
    7. Thorsten Beck & Asli Demirgüç-Kunt & Ross Levine, 2007. "Finance, inequality and the poor," Journal of Economic Growth, Springer, vol. 12(1), pages 27-49, March.
    8. Constantin ANGHELACHE & Madalina Gabriela ANGHEL & Cristina SACALA, 2013. "The Gross Domestic Product Evolution by the End of June 2013," Romanian Statistical Review Supplement, Romanian Statistical Review, vol. 61(4), pages 7-11, December.
    9. Mazurek, Jiri, 2013. "A Comparison of GDP growth of European countries during 2008-2012 period from regional and other perspectives," MPRA Paper 51178, University Library of Munich, Germany.
    10. Jeremy J. Nalewaik, 2012. "Estimating Probabilities of Recession in Real Time Using GDP and GDI," Journal of Money, Credit and Banking, Blackwell Publishing, vol. 44(1), pages 235-253, February.
    11. Scott Sumner, 2014. "Nominal GDP Targeting: A Simple Rule to Improve Fed Performance," Cato Journal, Cato Journal, Cato Institute, vol. 34(2), pages 315-337, Spring/Su.
    12. Petrakis, Panagiotis & Kostis, Pantelis, 2013. "Economic growth and cultural change," Journal of Behavioral and Experimental Economics (formerly The Journal of Socio-Economics), Elsevier, vol. 47(C), pages 147-157.
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    Cited by:

    1. repec:agr:journl:v:xxiv:y:2017:i:1(610):p:215-226 is not listed on IDEAS
    2. Cătălina MOTOFEI, 2017. "Vectors of economic growth in the eastern area of the EU," Theoretical and Applied Economics, Asociatia Generala a Economistilor din Romania - AGER, vol. 0(1(610), S), pages 215-226, Spring.

    More about this item

    Keywords

    economy; gross domestic product; evolution; comparison; quantitative;

    JEL classification:

    • B22 - Schools of Economic Thought and Methodology - - History of Economic Thought since 1925 - - - Macroeconomics
    • N10 - Economic History - - Macroeconomics and Monetary Economics; Industrial Structure; Growth; Fluctuations - - - General, International, or Comparative

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