Published in Scientific Papers. Series "Management, Economic Engineering in Agriculture and rural development", Vol. 15 ISSUE 4
Written by Cristina BURGHELEA, Nicolae MIHĂILESCU, Octavian Constantin BURGHELEA, Viorel Alexandru TURCU
The economic potential of a country is consistently a primary goal of existence and sustainable development. To achieve this major goal is necessary to undertake strict complex studies to formulate a correct diagnosis and real economic situation and the rationale, on this basis, decisions economic policy and legislative decisions aimed at both time horizons immediate and for longer periods of time. In this context the significance and importance of GDP per capita as synthetic macroeconomic indicator is developed a multifactorial econometric model that includes two exogenous variables, the employment rate over 55 and resource productivity.
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econometric model
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