• Icon to change language to english
  • Icon to change language to english

VOLATILITY OF CORRELATIONS BETWEEN MACROECONOMIC INDICATORS IN THE SYSTEM OF NATIONAL ACCOUNTS (2000-2011)

Authors

Keywords
system of national accounts, volatility, macroeconomic correlations, macroeconomic equilibrium, consumption

Summary
This study aims to prove that not only macro indicators, but also the correlations between them should be used as main macroeconomic indicators since being relative quantities they have richer content and create more favourable opportunities for using them in the macroeconomic analysis, modeling and forecasting of socio-economic phenomena and processes. The main purpose of this study is to examine the correlations between macroeconomic indicators which are associated with drops, recovery, upsurge and peaks of economic development. In this context, the object of the study is focused on the volatility of these correlations in the period 2000-2011, and its impact on the country’s economic development. The results prove our thesis and indicate more intense volatility, which is caused by the world economical crisis.

JEL: E60; C40; C62
Pages: 30
Price: 3 Points

More titles

  • COMPARATIVE ANALISYS OF THE BULGARIAN AND ROMANIAN EXTERNAL SECTORS

    Being an area of free movement of “people, goods and capital”, EU gives both Bulgaria and Romania opportunities to improve their access to markets, as well as to attract more foreign direct and portfolio investments. The global economic crisis, that began two years after the two countries’ full EU accession, is likely to discontinue these ...

  • ANALYSIS OF HOTEL BUSINESS COMPETITIVENESS

    „Europe 2020” Strategy and „Bulgaria 2020” National Program’s underlying issues relate to smart and sustainable growth. It is associated with the creation of a greener and more competitive economy in which resources are used efficiently and environmentally-friendly. The relationship „quality-competitiveness” is interpreted in accordance with the ...

  • PRODUCTION AND MARKETS OF GENETICALLY MODIFIED ORGANISMS, FOODS AND AGRICULTURAL PRODUCTS

    This paper aims to study and find out the problems in the production and markets for agricultural products in terms of genetically modified organisms and genetically modified foods. To achieve this aim the influencing factors, defined in the tasks, are identified. The scarcity of land as a resource, the global economic crisis, food security, ...