ASPECTS REGARDING THE INFLUENCE OF INFLATION ON ECONOMIC GROWTH IN EU

Authors

  • Codruta Dana Daianu „Aurel Vlaicu” University of Arad
  • Raluca Simina Bilti „Aurel Vlaicu” University of Arad

Keywords:

inflationary phenomenon, EU, macroeconomic indicators, GDP, Pearson coefficient

Abstract

Through this paper, we intend to perform a radiography of the inflationary phenomenon in European Union. We presented the methodology for quantification of the inflationary phenomenon and the main differences between the Consumer Price Index (CPI) and the Harmonized Index of Consumer Prices (HICP), the last being the indicator used to make comparisons of the inflation rate between the European Union states as well as the Eurozone

From the point of view of the methodology of scientific research, it was highlighted the influence of the inflation rate on the evolution of GDP, determined by the Pearson Coefficient.

Author Biographies

Codruta Dana Daianu, „Aurel Vlaicu” University of Arad

ECONOMIC DEPARTMENTASSOCIATE PROFESSOR Ph.D.

Raluca Simina Bilti, „Aurel Vlaicu” University of Arad

ECONOMIC DEPARTMENTASSISTANT PROFESSOR Ph.D.

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Published

03.05.2019

Issue

Vol. 8 No. 2 (2019)

Section

Business Economics, Sustainable Development, Public Administration and Law

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