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Statistical analysis on the evolution of economic activity in Romania

Author

Listed:
  • Constantin ANGHELACHE

    (Bucharest University of Economic Studies/Artifex University of Bucharest)

  • Cristian Marius RĂDUȚ

    (Bucharest University of Economic Studies)

  • Laura CONSTANTIN

    (Bucharest University of Economic Studies)

Abstract

During this period, the macroeconomic activity, in all the fields with differentiated degree of influence, is in the process of trying to resettle the economic activity in conditions of pandemic and financial-economic crisis. In the main branches of the industry the activity is not at the level of the capacity of the Romanian national economy, context in which there are reductions of production in the case of industry to internal and external orders, and in the case of agriculture In this context, analysing the situation of salaries, economic activity, the evolution of the number of employees, there are slight improvements without the security of operation at the maximum level of macroeconomic capacity. The analysis suggests that there are still difficulties in stimulating the workforce by increasing gross and net wages, trying to avoid unreported work (gray market) or concluding important contracts, especially for export production. The data are important in that they will suggest the trend of evolution of the national economy. Table series structured data are presented, as well as graphs that suggest the perspective of Romania's macroeconomic evolution.

Suggested Citation

  • Constantin ANGHELACHE & Cristian Marius RĂDUȚ & Laura CONSTANTIN, 2021. "Statistical analysis on the evolution of economic activity in Romania," Theoretical and Applied Economics, Asociatia Generala a Economistilor din Romania / Editura Economica, vol. 0(2(627), S), pages 113-124, Summer.
    • Handle: RePEc:agr:journl:v:2(627):y:2021:i:2(627):p:113-124
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    References listed on IDEAS

    as
    1. S.V. Kazantsev, 2004. "Regional economic potential as basis of internal competitiveness," Journal "Region: Economics and Sociology", Institute of Economics and Industrial Engineering of Siberian Branch of RAS, vol. 1.
    2. Tewodaj Mogues & Shenggen Fan & Samuel Benin, 2015. "Public Investments in and for Agriculture," The European Journal of Development Research, Palgrave Macmillan;European Association of Development Research and Training Institutes (EADI), vol. 27(3), pages 337-352, July.
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