Analysis of the dynamics of the contribution for social insurance in function by the dynamics of the Gross Domestic Product by econometric modeling

Associate Professor Nicolae Mihăilescu PhD (
„Hyperion” University of Bucharest
Associate Professor Claudia Căpățînă PhD (
„Hyperion” University of Bucharest
Assistant Professor Oana Camelia Iacob PhD (
Polytechnic University of Bucharest


The analysis presented in this article identifies an econometric model of the interdependence of the dynamics of social insurance contribution with the dynamics of Romania’s gross domestic product during the period from 2010 to 2017 and the estimated levels of Ministry of Public finances for the years 2018 – 2022.
The developed econometric model has a linear unifactorial form and is supported by adequate statistical support confirming its usefulness for the substantiation of macroeconomic, budgetary and fiscal policy decisions.

Keywords: contribution to social insurance, gross domestic product, econometric model
JEL Classification: E01, E27, E62

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Romanian Statistical Review 2/2020