Consumption and Gross Domestic Product Dynamic – Empirical Research and Results Cover Image

Потребление и динамика на брутния вътрешен продукт – емпирични изследвания и резултати
Consumption and Gross Domestic Product Dynamic – Empirical Research and Results

Author(s): Tatiana Ivanova
Subject(s): Economy, National Economy
Published by: Университет за национално и световно стопанство (УНСС)
Keywords: economic growth; GDP; aggregate consumption; energy consumption

Summary/Abstract: This article is a scientific review of empirical research on the role of consumption in the economy. Consequently, studies on aggregate consumption and energy consumption are presented, with a place of publication for Bulgaria. The position of the authors, as well as the results of their analysis, are contradictory, do not lead to a conclusive conclusion and there is no overall causal link. The research results testify that none of the economic doctrines is capable of making universal recommendations, the blind follow-up of which will ensure economic policy success and the sustainability of the economic system.

  • Issue Year: 1/2020
  • Issue No: 1
  • Page Range: 261-273
  • Page Count: 13
  • Language: Bulgarian