Search results for "Gross domestic product"
showing 8 items of 78 documents
Investment Modelling at the Euro Area Level
2014
The aim of this research is to model the investment function at the level of the Euro zone. To achieve this main objective, we use and implement the structural equation modeling procedure for empirical analysis. Using this technique, the causal relationships established between investment and influencing factors are estimated and tested. Also, in the process of modeling structural equations, we examine empirical data sets related to the Euro area’s Member States.
Evaluation Of The Soil Moisture Agricultural Drought Index (SMADI) And Precipitation-Based Drought Indices In Argentina
2020
Abstract. Agricultural drought is one of the most critical hazards with regard to intensity, severity, frequency, spatial extension and impact on livelihoods. This is especially true for Argentina, where agricultural exports can represent up to 10% of gross domestic product (GDP), and where drought events for 2018 led to a decrease of nearly 0.5% of GDP. In this work, we investigate the applicability of the Soil Moisture Agricultural Drought Index (SMADI) for detection of droughts in Argentina, and compare its performance with the use of two well-known precipitation-based indices: the Standardized Precipitation Index (SPI) and the Standardized Precipitation- Evaporation Index (SPEI). SMADI …
THE CORRELATION BETWEEN FISCAL REVENUES OF ROMANIA AND GROSS DOMESTIC PRODUCT IN THE LAST 12 YEARS
2018
The aim of this paper is to study and analyze the evolution of the Romanian fiscal pressure between 2006 and 2017, from a statistical point of view, and the main purpose is to highlight the correlation between fiscal revenues of Romania and gross domestic product. The first part of the paper is based on a comparative research into the level of taxation at the level of direct, indirect taxes and social contributions. This study seeks to highlight the impact of the Romanian fiscal pressure on the economy. The second part of the article seeks to see the correlation between fiscal revenues and gross domestic product (GDP), especially the impact of fiscal revenues on the growth or decline of GDP…
Analysis of Equilibrium at the Euro Area Level from a New Model Perspective
2015
This paper aims to address issues related to equilibrium at the Euro Area. Research methodology implies a wide range of methods and techniques that are used to analyze macroeconomic phenomena and processes at the Euro Area. Following the empirical analyses, namely exploratory factor analysis and structural equation modeling procedure, we propose a model of equilibrium in the Euro zone, an area characterized by the existence of market with turbulence and search frictions. Using this econometric modeling technique, we test and estimate causal relationships that combines a series of empirical data and quantitative causal hypotheses.
A New Perspective of Investment Modelling at the European Union Level
2015
The study that represents the subject of this paper follows the analysis of the investment function and the influencing factors at the European Union level. The research has, as a starting point, the hypothesis that there is a negative relationship between the European Union investments and tax rates. For verifying this hypothesis, the structural equation modeling is used (SEM), and the same technique is applied in the second part of the research, which will track the development of the investments’ model at the European Union level. The results will highlight the relationships that are established between specific variables that characterize the volume of investments.
Optimal savings and health spending over the life cycle
2010
This paper investigates the relationship between saving and health spending in a two-period overlapping generations economy. Individuals work in the first period of life and live in retirement in old age. Health spending is an activity that increases quality of life and longevity. Empirical evidence shows that both health spending and saving behave as luxury goods but their behaviour differs markedly according to the level of per capita GDP. The share of saving on GDP has a concave shape with respect to per capita GDP, whereas the share of health spending on GDP increases more than proportionally with respect to per capita GDP. The ratio of saving to spending is nonlinear with respect to in…
ANALYSIS OF THE IMPACT OF EXOGENOUS FACTORS ON THE FINANCIAL PERFORMANCE OF ROMANIAN COMMERCIAL BANKS LISTED ON BUCHAREST STOCK EXCHANGE
2015
The interest of both creditors and debtors of a credit institution on the performance registered by commercial banks imposed shaping high prudential standards designed to not upset the credit institution and to contribute decisively to increase their health profitability. On bank performance it shows a significant influence on many factors. The study focuses its attention on the impact of research that external factors are likely to print to financial rate of credit institutions (one of the classic indicators used to measure bank performance). The variables studied were represented by: - external factors: GDP, inflation and exchange rate leu-euro - considered to be independent variables and…