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Models Of The Intra-Regional Trade Influence On Economic Sustainable Development In Romania

Author

Listed:
  • Dumitru Miron

    (Academy of Economic Studies, Bucharest, Romania)

  • Alina Mihaela Dima

    (Academy of Economic Studies, Bucharest, Romania)

  • Simona Vasilache

    (Academy of Economic Studies, Bucharest, Romania)

Abstract

This paper estimates the impact of trade between Romania and EU (export and imports) on sustainable development (defined through the following ratios: GDP growth and employment level) using dynamic forecasting and vector auto-regression (VAR) methods. Logistic regression forecasts the evolution of the GDP based on the evolution of exports and imports in the light of the Lisbon agenda, and the time horizon of 2010. Using data regarding intra-regional trade, the model may predict the GDP evolution, and, consequently, the economic sustainable development in Romania, as a new member of European Union.

Suggested Citation

  • Dumitru Miron & Alina Mihaela Dima & Simona Vasilache, 2010. "Models Of The Intra-Regional Trade Influence On Economic Sustainable Development In Romania," The AMFITEATRU ECONOMIC journal, Academy of Economic Studies - Bucharest, Romania, vol. 12(27), pages 27-35, February.
    • Handle: RePEc:aes:amfeco:v:12:y:2010:i:27:p:27-35
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    References listed on IDEAS

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    Cited by:

    1. Strat Vasile Alecsandru & Stefan Cristian, 2017. "The growth poles and the lagging regions of Romania – a county level approach for 2015 –," Management & Marketing, Sciendo, vol. 12(3), pages 456-473, September.
    2. Mojarad Ali Asghar Sadeghi & Atashbari Vahid & Tantau Adrian, 2018. "Challenges for sustainable development strategies in oil and gas industries," Proceedings of the International Conference on Business Excellence, Sciendo, vol. 12(1), pages 626-638, May.
    3. Stamule Stere, 2018. "Trends in ethnocentrism of Romanian consumers and their attitudes towards the marketplace," Management & Marketing, Sciendo, vol. 13(2), pages 996-1013, June.
    4. Armenia Androniceanu & Irina-Virginia Drăgulănescu, 2012. "Sustainability of the Organizational Changes in the Context of Global Economic Crisis," The AMFITEATRU ECONOMIC journal, Academy of Economic Studies - Bucharest, Romania, vol. 14(32), pages 365-379, June.
    5. Covrig Mihaela & Goia Agoston Simona Irina & Igreţ Ramona Ştefania & Marinaş Cristian Virgil & Olariu Ana Alexandra & Roman Monica, 2022. "Discovering the tutors’ perspective on the quality of internship programs in a pandemic context," Management & Marketing, Sciendo, vol. 17(3), pages 306-327, September.
    6. Nicolae Mariana & Nicolae Elena E., 2018. "Leadership in Higher Education – coping with AI and the turbulence of our times," Proceedings of the International Conference on Business Excellence, Sciendo, vol. 12(1), pages 683-694, May.
    7. Paun Cristian & Ivascu Cosmin, 2021. "The impact of EU’s financial support on the agriculture’s development: a panel data analysis," Management & Marketing, Sciendo, vol. 16(2), pages 86-100, June.
    8. Păunică Mihai & Manole Alexandru & Motofei Cătălina & Tănase Gabriela Lidia, 2018. "The Globalization in the actual Context of the European Union Economy," Proceedings of the International Conference on Business Excellence, Sciendo, vol. 12(1), pages 739-750, May.
    9. Liviu Stelian Begu & Maria Denisa Vasilescu & Larisa Stanila & Roxana Clodnitchi, 2018. "China-Angola Investment Model," Sustainability, MDPI, vol. 10(8), pages 1-17, August.
    10. Pollák František & Vavrek Roman & Váchal Jan & Markovič Peter & Konečný Michal, 2021. "Analysis of Digital Customer Communities in terms of their interactions during the first wave of the COVID-19 pandemic," Management & Marketing, Sciendo, vol. 16(2), pages 134-151, June.
    11. Adrian Dumitru Tantau & Maria Alexandra Maassen & Laurentiu Fratila, 2018. "Models for Analyzing the Dependencies between Indicators for a Circular Economy in the European Union," Sustainability, MDPI, vol. 10(7), pages 1-13, June.
    12. Enkang Li & Mengqiu Lu & Yu Chen, 2020. "Analysis of China’s Importance in “Belt and Road Initiative” Trade Based on a Gravity Model," Sustainability, MDPI, vol. 12(17), pages 1-21, August.
    13. Hadad Shahrazad, 2017. "Strategies for developing knowledge economy in Romania," Management & Marketing, Sciendo, vol. 12(3), pages 416-430, September.

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    More about this item

    Keywords

    sustainable development intra-regional trade; economic integration; regression; model;
    All these keywords.

    JEL classification:

    • C25 - Mathematical and Quantitative Methods - - Single Equation Models; Single Variables - - - Discrete Regression and Qualitative Choice Models; Discrete Regressors; Proportions; Probabilities
    • F15 - International Economics - - Trade - - - Economic Integration
    • Q56 - Agricultural and Natural Resource Economics; Environmental and Ecological Economics - - Environmental Economics - - - Environment and Development; Environment and Trade; Sustainability; Environmental Accounts and Accounting; Environmental Equity; Population Growth

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