The impact of macroeconomic indicators on GDP Growth: An Empirical Analysis

This paper examines the relationship between key macroeconomic indicators and GDP growth using regression analysis, summary statistics, and correlation matrix results. The findings indicate that unemployment, interest rates, and inflation significantly impact GDP growth, aligning with established economic theories. The study contributes to the literature by reinforcing the role of monetary policy and labor market conditions in shaping economic performance. The analysis provides a comprehensive understanding of how these variables interact and influence economic activity, with implications for policymakers and economists aiming to optimize growth strategies.

Authors

Publication Details

Journal
International Journal of Science and Research Archive
Published
2025-08-28
DOI
https://doi.org/10.30574/ijsra.2025.16.2.2444
Primary Topic
Economic Growth and Development
Type
article
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article

The impact of macroeconomic indicators on GDP Growth: An Empirical Analysis

Shaikh Abdul Sattar
International Journal of Science and Research Archive
Economic Growth and Development
article

The impact of macroeconomic indicators on GDP Growth: An Empirical Analysis

Shaikh Abdul Sattar
article en

Abstract

This paper examines the relationship between key macroeconomic indicators and GDP growth using regression analysis, summary statistics, and correlation matrix results. The findings indicate that unemployment, interest rates, and inflation significantly impact GDP growth, aligning with established economic theories. The study contributes to the literature by reinforcing the role of monetary policy and labor market conditions in shaping economic performance. The analysis provides a comprehensive understanding of how these variables interact and influence economic activity, with implications for policymakers and economists aiming to optimize growth strategies.

International Journal of Science and Research ArchiveVol. 16(2)
Openalex Percentile: Top 66%
Economic Growth and Development
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