Business, Management and Accounting
8 years ago

New models reveal key factors influencing national economic growth.

DOAJ (DOAJ: Directory of Open Access Journals)
Macroeconomic models used in structural analysis of GDP
Constantin Anghelache, Alexandru Manole, Mădălina-Gabriela Anghel

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The article discusses models used to analyze Gross Domestic Product (GDP) using data from Romania. The researchers created econometric models to measure how final consumption and retail turnover impact GDP. These models were tested and showed how these factors influence the GDP.