Analysis Models and Methods of the Life Quality in Romania

Prof. Constantin ANGHELACHE PhD (
Bucharest University of Economic Studies / „Artifex” University of Bucharest
Assoc. prof. Mădălina-Gabriela ANGHEL PhD (
„Artifex” University of Bucharest


The quality of life (welfare) in the economic sense is the value of Gross Domestic Product per capita. The value of deflated Gross Domestic Product is what a nation does in a given timeframe, usually one year. The indicator that best describes the quality of life (welfare) is the Gross Domestic Product per capita, highlighting the concrete result obtained within a national economy, taking into account the two factors that are conducive to economic growth. (Number of employees and labor productivity), but the macroeconomic outcome must ensure an average living standard for the entire population. In this context, the system of national accounts used by the Member States of the European Union and by other states as a form of evidence and macroeconomic analysis contains all the elements necessary for such a study. We find that in the period considered, regardless of the method of calculating GDP, we obtain a precise quantitative quantity that, compared to previous developments, suggests how the quality of life of the population has evolved. In international comparisons, the per capita gross domestic product indicator is used. In analyzing the quality of life, we have to go from the structure of the population (number of employees, other categories expressed by statistical indicators. In statistics, we use the indices of human development, which express some aspects and according to economic growth, express the trend of the quality of life (welfare). A first indicator used is the human development index (HDI) or the human development indicator. This is a representative measure in that it expresses the average achievements of a country in a three-dimensional space, namely the average life expectancy indicator, the education index and the level Of the domestic gross domestic product per capita. These three indicators make sense to the living standard for the considered country. HDI starts from determining one indicator for each of the three dimensions that I mentioned. The indicator is equal to the current value minus the minimum value above the maximum value minus the minimum value where the minimum and maximum values ​​are given by a table set by the authors of this indicator. For example, the minimum life expectancy at birth is 25 years and the maximum is 85. The enrollment rate in the school has a minimum value of 0 and a maximum of 100, and the national per capita product starts from a calculated minimum. Per capita income reflects all other dimensions of human development that have been explicitly introduced in the first two. The calculation relation is:
HDI = average life expectancy + school occupancy rate + gross domestic product per capita, reported at 3

Keywords: profitability, correlation, regression, indicators, quality of life
JEL classification: M20, M40, G21

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Romanian Statistical Review 2/2018