STATISTICAL STUDY REGARDING THE CORRELATION BETWEEN “GROSS DOMESTIC PRODUCT PER CAPITA” AND “EFFECTIVE INDIVIDUAL FINAL CONSUMPTION OF THE POPULATION HOUSEHOLDS” IN ROMANIA, DURING THE PERIOD 1995-2021
STATISTICAL STUDY REGARDING THE CORRELATION BETWEEN “GROSS DOMESTIC PRODUCT PER CAPITA” AND “EFFECTIVE INDIVIDUAL FINAL CONSUMPTION OF THE POPULATION HOUSEHOLDS” IN ROMANIA, DURING THE PERIOD 1995-2021
Author(s): Murărița Ilie, Silviu-Valentin Carstina, Mirela SichigeaSubject(s): National Economy, Economic history, Economic development, Transformation Period (1990 - 2010), Present Times (2010 - today), Accounting - Business Administration
Published by: Editura Universitaria Craiova
Keywords: Gross domestic product; Effective Final Consumption; Effective Individual Final Consumption of households; Correlation; Prediction;
Summary/Abstract: “Gross domestic product” is the main indicator for evaluating the economic growth of a country, and “Gross domestic product per capita” allows the expression of efficiency at the individual level. “Effective final consumption” reflects how human needs are met, and “Effective individual final consumption of households” expresses the same aspect at the individual level. In this article, the analysis of the correlation between these two indicators in Romania, in the period 1995-2021, is carried out, using the results of this analysis to make a forecast for the year 2022.
Journal: Revista tinerilor economişti
- Issue Year: 2023
- Issue No: 41
- Page Range: 42-51
- Page Count: 10
- Language: English
