Analyzing the correlation between GDP and import using a statistical-econometric model
Journal Title: Revista Romana de Statistica - Year 2016, Vol 64, Issue 10
Abstract
In order to analyze the correlation between GDP increase as a result of exports, it is relevant to make a similar analysis regarding their effect on GDP evolution. It a known fact that beginning with 1990 up to the present, exports have been fewer than imports. There are many explanations but we shall mention just few of them. First of all, by narrowing down the structure of domestic production, Romania felt the need to realize imports with two directions. The first would be the direction towards completing the quantity of imports, where economic processes of goods and services production needed additional values. The second direction of imports would be that a series of imports completed the consumption need of population.
Authors and Affiliations
Radu Titus MARINESCU, Aurelian DIACONU, Alexandru BADIU, Gyorgy BODO
Keywords
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