Review article

Analysis of the interdependence between gross domestic product (GDP), steel production and iron production (10 states of European Union)

L. Paliu-Popa ; “Constantin Brancusi” University of Targu Jiu, Faculty of Economics and Business Administration, Targu Jiu, Romania
I. E. Chirtoc ; “Constantin Brancusi” University of Targu Jiu, Faculty of Economics and Business Administration, Targu Jiu, Romania
G. Buşan ; “Constantin Brancusi” University of Targu Jiu, Faculty of Economics and Business Administration, Targu Jiu, Romania

Abstract

Given the intensification of the world economy globalization, the production represents one of the factors characterizing the development of a country and its performance. In this context, this paper aims to establish and analyze the influence of the crude steel production and blast furnace iron production on the gross domestic product, using the multiple linear regression model. Data subject to the study are related to the period 2004 – 2014, and the research refers to the first ten countries producing crude steel and blast furnace iron, members of the European Union.

Keywords

gross domestic product; crude steel; blast furnace iron; production; economic increase

Hrčak ID:

146689

URI

https://hrcak.srce.hr/146689

Publication date:

1.4.2016.

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