IDEAS home Printed from https://ideas.repec.org/a/alu/journl/v2y2008i10p9.html
   My bibliography  Save this article

Stochastic Modeling Of The Macroeconomic Aggregates - Study Case: Romanian Economic Relations

Author

Listed:
  • Liviu-Stelian Begu

    (Academy of Economic Studies, Bucharest)

  • Alina Cretu

    (Academy of Economic Studies, Bucharest)

  • Adriana Alexandru

    (Academy of Economic Studies, Bucharest)

Abstract

The paper is analyzing the main tendencies in the Romanian economy after1990, trying to identify, which variables are influencing on long term the process of accessionto EU. Statistical analysis, nonparametric tests, regression analysis and particularly analysisof the main (principal) factor, applied for a system of aggregate measures, can determineclusters of ex-communist countries and allows us to establish the gap between Romania andother ex-communist countries. The paper is also developing possible scenarios for theRomanian economy. The study case is about the evolution of the main economic indicators forexternal relations for Romania in 1996-2006. The evolution is based on balance of paymentsand the major economic aggregates. The results shows us that the Romanian economy is notyet in order but some indicators are very good for a market economy.

Suggested Citation

  • Liviu-Stelian Begu & Alina Cretu & Adriana Alexandru, 2008. "Stochastic Modeling Of The Macroeconomic Aggregates - Study Case: Romanian Economic Relations," Annales Universitatis Apulensis Series Oeconomica, Faculty of Sciences, "1 Decembrie 1918" University, Alba Iulia, vol. 2(10), pages 1-9.
    • Handle: RePEc:alu:journl:v:2:y:2008:i:10:p:9
    as

    Download full text from publisher

    File URL: http://oeconomica.uab.ro/upload/lucrari/1020082/9.pdf
    Download Restriction: no
    ---><---

    More about this item

    Keywords

    factorial analysis; balance of payments; cluster of countries; external relations;
    All these keywords.

    JEL classification:

    • F19 - International Economics - - Trade - - - Other
    • L14 - Industrial Organization - - Market Structure, Firm Strategy, and Market Performance - - - Transactional Relationships; Contracts and Reputation

    Statistics

    Access and download statistics

    Corrections

    All material on this site has been provided by the respective publishers and authors. You can help correct errors and omissions. When requesting a correction, please mention this item's handle: RePEc:alu:journl:v:2:y:2008:i:10:p:9. See general information about how to correct material in RePEc.

    If you have authored this item and are not yet registered with RePEc, we encourage you to do it here. This allows to link your profile to this item. It also allows you to accept potential citations to this item that we are uncertain about.

    We have no bibliographic references for this item. You can help adding them by using this form .

    If you know of missing items citing this one, you can help us creating those links by adding the relevant references in the same way as above, for each refering item. If you are a registered author of this item, you may also want to check the "citations" tab in your RePEc Author Service profile, as there may be some citations waiting for confirmation.

    For technical questions regarding this item, or to correct its authors, title, abstract, bibliographic or download information, contact: Dan-Constantin Danuletiu (email available below). General contact details of provider: .

    Please note that corrections may take a couple of weeks to filter through the various RePEc services.

    IDEAS is a RePEc service. RePEc uses bibliographic data supplied by the respective publishers.