The Effect of Economic Growth under Nominal GDP in Relation to Poverty

Authors: 
Shkumbin Misini
Myrvete Badivuku-Pantina
JEL codes: 
E00 - General, E1 - General Aggregative Models, O4 - Economic Growth and Aggregate Productivity.
Abstract: 
In this paper the focus will be on Macroeconomic analysis regarding economic growth under GDP, in relation to the most important macroeconomic parameter, poverty. The paper will include the analysis of Gross Domestic Product, as an important measure of an economic overview within a country or a state. Gross Domestic Product (GDP) is a more impeccable method for the analysis of all transactions that are performed within a country, in order to display an economic analysis for a country. The key point of this paper is the economic growth under nominal GDP, in relation to the most important macroeconomic parameter, poverty. This paper aims to find out what the influence of the increase of the nominal GDP in relation to poverty in Kosovo was. The paper includes the analysis of the scatter plot graphs of nominal GDP in relation to poverty, and also the analysis of descriptive statistic. The method of simple linear regression will be used when analysing the relation of nominal GDP compared to poverty in Kosovo.
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