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APPLICATION OF REGRESSION ANALYSIS IN TESTING THE IMPACT OF INVESTMENTS IN THE CONSTRUCTION OF HIGHWAYS ON GDP HEIGHT IN EUROPEAN COUNTRIES

The paper "Application Of Regression Analysis In Testing The Impact Of Investments In The Construction Of Highways On GDP Height In European Countries, " explores the relationship between investments in the construction of highways, as measured by the number of kilometers of highways per hundredsquare kilometers of certain European countries, and the level of GDP per capitaof the country. The hypothesisthat this paper attempts to confirm or refute is that increased investments in the construction of highways results in better standards of living for citizens of certain European countries.The paper "Application Of Regression Analysis In Testing The Impact Of Investments In The Construction Of Highways On GDP Height In European Countries, " confirms the causality which is based on the assumption that new investments in new kilometers of highways affects the economic position of certain European countries, and its inhabitants. The regression analysis showed a positive and approximately linear relationship between the moderate level of investments in new miles of highways and GDP per capita in PPS in selected countries of the European Union based on values from 2013th year. However, to further confirm proven results and statements in this paper and the importance given to them it is neccessary to make further analysis on a larger sample, or in the time series of at least 10 years.

regression analysis, GDP, European countries, motor highways, investments

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