Analysis of the Correlation between GDP and the Final Consumption

This paper presents the results of the researches performed by the author regarding the evolution of Gross Domestic Product. One of the main aspects of GDP analysis is the correlation with the final consumption, an important macroeconomic indicator. The evolution of the Gross Domestic Product is highly influenced by the evolution of the final consumption. To analyze the correlation, the paper proposes the use of the linear regression model, as one of the most appropriate instruments for such scientific approach. The regression model described in the article uses the GDP as resultant variable and the final consumption as factorial variable

USE OF THE SIMPLE LINEAR REGRESSION MODEL IN MACRO-ECONOMICAL ANALYSES

The article presents the fundamental aspects of the linear regression, as a toolbox which can be used in macroeconomic analyses. The article describes the estimation of the parameters, the statistical tests used, the homoscesasticity and heteroskedasticity. The use of econometrics instrument in macroeconomics is an important factor that guarantees the quality of the models, analyses, results and possible interpretation that can be drawn at this level

The Population and the Labor Force Market

This paper analyzes the recent evolution of the population and labor resources in Romania. The occupied population, according to the SEC methodology, is the sole entity that indicates the human potential of the occupied labor force that can be used to determine the social productivity of labor as a ratio between the GDP and the occupied population

Aspects regarding the analysis of inflation evolution

With this work, the authors are submitting the main theories, which led to the definition of the concept of “inflation”, pointing out the successive acceptations, which the economists – starting with classics, Adam Smith’s contemporaries – have granted, over the time, to this economical phenomenon. Thus, at a first phase, the term of inflation was connected to currency, later on to money while presently it is commonly used for describing prices. This change of paradigm seems to originate in a sequence of unhappy events, probably unavoidable

ANALYSIS OF THE CORRELATION BETWEEN THE EMPLOYED POPULATION, UNEMPLOYMENT AND VACANCIES

The economic growth is based on the most efficient use of the resources available to the society. Taking into account the concept of production factors (the Cobb-Douglas production function), an essential element is labor resources. Starting from this point it is important to analyze the correlation between the employed population, the unemployment rate and the existence of vacancies. The employed population expresses the degree of involvement of persons with the capacity to work in economic and social activities at the level of a state. Unemployment shows the number or, if expressed under the unemployment rate, the percentage of the employed population who lost his job. Contrary to the number of unemployed, there are also vacancies. As a paradox, although the unemployment rate is high enough, vacancies offered do not work. It is precisely these aspects that are paid attention to by the authors, who carry out extensive analysis in the field of labor resources. In the study, the authors use a series of quantitative models and methods to highlight the correlation between the three indicators. There will be graphical representations, correlation indexes will be calculated, based on the statistical data series published by the National Statistics Institute

Analysis of the educational activity in Romania

An important problem for each country is that of providing serious education in the field of education. This does not exclude the provision of health conditions that will lay the foundation of a profound and complex education. In fact, the Latin word Mens sana in sano body is to build the healthy future physically and intellectually. In this article, we intend to analyze the concrete situation, based on the results of the year, we call it educational, 2017-2018, to identify progress, some shortcomings and especially the short, medium and long term perspective of evolution in this domain. Education is the essential element for improving social behavior, understanding the evolution of the population in line with the complex (globalized) evolutionary trends of mankind. The educational process is one that, without much comment and argumentation, means the enrichment of individuals and generations with complex knowledge about universal evolution, evolution in specialized fields, and, last but not least, the perspective of individual evolution. Within this article, the authors proposed that on the basis of the study on the distribution of the school population by region and on the whole of the country, in the legally established, biologically existing, stages of the preparation and evolution of the population in Romania. In the alternative, elements concerning the distribution of the population by region, the educational level achieved, the availability of teaching staff, the results of the complex training program are just a few of the aspects that the authors propose to carry out and, consequently, bending over of these aspects, allowed some opinions and concretised some conclusions on how this process took place in the newly concluded 2017-2018 school/university year. The article is accompanied by a series of graphs and tables, containing clear data which in the context support the conclusions issued by the authors

ASPECTS OF THE ROMANIAN INDUSTRY DEVELOPMENT

In this article, the authors sought to analyse a longer period, since 1948 (when the process of nationalization of industry, banking, insurance, mining and transportation) took place until today. In this context, the authors try to suggest through the study of the figures, the data and the legislative framework, step by step, how it evolved and why the Romanian industry is currently at the stage it is. There are references to the conditions that led to the process of nationalization of the industry and of other private properties in the national economy, concluding that in 1989 the Romanian economy was fully staged and the industry was developed according to other criteria than the economic efficiency. Thus, one of the criteria was the uniform distribution throughout the country of industrial objectives to ensure the use of labour force

Analysis of Gross Domestic Product Evolution under the Influence of the Final Consumption

This paper will focus on the possible correlation between the evolution of the final consumption and the dynamics of the Gross Domestic Product. The authors have applied the linear regression method in order to draw a coherent model, whose parameters were tested by using proper instruments

Analysis Model of GDP Dependence on the Structural Variables

In this paper, the authors present an analysis model designed to outline some of the Gross Domestic dependences, on the case of Romanian economy. The study is based on the VAR methodology, and the steps pursued in the article are the study of evolution for Final Consumption, direct foreign investments flow and GDP, the presentation of the estimated VAR models, the testing for the number of lags, the testing for the stationery of the first difference of the data series

Comparative study on the legislative framework for attracting FDI in Romania

In this paper we tried to outline the definitional framework of FDI, starting from the definition and way of achieving FDI, until the presentation of some concise notions from the specialized literature with the aim of establishing what are the determinants of FDI and what are the positive and negative effects on which they generate in the host economies. We paid attention to the game framework in which FDI manifests itself and carried out a critical analysis on the attractiveness of the legislative framework in Romania for foreign investors. The analysis goes beyond national borders and extends to Bulgaria, the Czech Republic, Poland and Hungary, as we consider that the states in the region, members of the EU and with a similar transition history, represent formidable rivals for Romania in the race to attract FDI