Analysis of Final Consumption, Gross Investment, the Changes in Inventories and Net Exports Influence of GDP Evolution, by Multiple Regression
Constantin Anghelache, Alexandru Lucian Manole, Mădălina-Gabriela Anghel
Abstract
Constantin Anghelache, Alexandru Lucian Manole, Mădălina-Gabriela Anghel
Abstract
This paper presents a model that can be used for the analysis and forecast of Gross Domestic Product. The starting point of the research is the final output method used in GDP calculation. Based on this assumption, the conceptualization of the model will consider the GDP as main variable and the other measures as influence factors. The dataset was constructed using data drawn from official sources. The parameters of the model were estimated with the help of Eviews.
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This paper presents a model that can be used for the analysis and forecast of Gross Domestic Product. The starting point of the research is the final output method used in GDP calculation. Based on this assumption, the conceptualization of the model will consider the GDP as main variable and the other measures as influence factors. The dataset was constructed using data drawn from official sources. The parameters of the model were estimated with the help of Eviews.
Key concepts: Gross domestic product, Econometrics, Economics, Consumption (sociology), Real gross domestic product, Variable (mathematics), Regression analysis, Investment (military)