Tudor SAMSON PhD Student (tudorsamson@gmail.com)
Bucharest University of Economic Studies
Alexandra PETRE (OLTEANU) PhD Student (alexandra.olteanu.s1@anaf.ro)
Bucharest University of Economic Studies
Cristian OLTEANU PhD Student (alexandra.olteanu.s1@anaf.ro)
Bucharest University of Economic Studies
Marin-Marius GĂNCIULESCU Master Student
Abstract
In this article, the authors propose to realize an analysis of the concrete results obtained by Romania in the first quarter of 2019. The most complex indicator associated with GDP per capita and purchasing power parity, is the Gross Domestic Product, that express how the economic growth is achieved in a country. In the case of Romania, as in other countries, according to Eurostat methodology, analyzes are performed on a quarterly basis to identify trends in the evolution of this macroeconomic indicators. As a Gross Domestic Product the indicator calculated at one year level and the evolution of the gross domestic situation the quarterly product is made in three phases, these data will be successively corrected. In the article the authors present certain methodological aspects related to signal estimates and preliminary estimates to provide a correct image of Romania’s economic evolution.The authors also point out that the signal produced in the Romanian national accounts are obtained by use of the direct method, when applied to the existence of sub-annual data sources and here we have as example statistical surveys and other data that permits calculation of this indicator. This method is used to calculate this indicator, based on the gross value added to the basic price used in the economy.
The authors continue to analyze how gross domestic product evolved in the first quarter of 2019, compared with the evolution of gross domestic product on the same quarter for a longer period between 2015 and 2018. The comparison is also based on gross series, as well as on the seasonally adjusted series. To highlight evolution of this indicator, this evolution is graphically presented between 2000 and 2018. It should be noted that, 2008-2012 was a crisis period and the upward trend stared with 2013.
Keywords: GDP, final consumption, net exports, investment, evolution
JEL Classification: E01, E21