IDEAS home Printed from https://ideas.repec.org/a/rej/journl/v18y2015i55p85-94.html
   My bibliography  Save this article

Analysis of Purchasing Power Parities in Romania in the context of EU integration

Author

Listed:
  • Roxana Cristina Vîlcu

Abstract

Purchasing power parity (PPP) is a useful tool for international comparison of prices between countries, in order to analyze the degree of economic development. On this line, purchasing power parities are indicators that express the main macroeconomic aggregates, in a common currency for all the countries subject to international comparisons. This material analyzes the evolution of PPP in Romania for a time interval of 10 years (2004-2013). The purpose of research is to analyze the purchasing power at national level, in the context of integration in European Union (EU). The period before and after Romania’s integration in the EU, has an important role to establish the positioning of our country in terms of purchasing power, compared to the other EU countries. The main conclusion of the paper is that Romania is the country with one of the lowest purchasing power parities compared to other EU countries, along with Bulgaria, which joined the EU in the same year (2007). Given that PPP cannot establish a hierarchy of countries, the research takes into account other important indicators such as: Harmonised Indices of Consumer Prices, GDP and inflation rate.

Suggested Citation

  • Roxana Cristina Vîlcu, 2015. "Analysis of Purchasing Power Parities in Romania in the context of EU integration," Romanian Economic Journal, Department of International Business and Economics from the Academy of Economic Studies Bucharest, vol. 18(55), pages 85-94, March.
    • Handle: RePEc:rej:journl:v:18:y:2015:i:55:p:85-94
    as

    Download full text from publisher

    File URL: http://www.rejournal.eu/sites/rejournal.versatech.ro/files/articole/2015-03-17/3246/6valcu.pdf
    Download Restriction: no
    ---><---

    References listed on IDEAS

    as
    1. Constantin ANGHELACHE & Alexandru MANOLE & Madalina ANGHEL, 2014. "Analysis on the Gross Domestic Product Evolution," Romanian Statistical Review Supplement, Romanian Statistical Review, vol. 62(4), pages 7-15, April.
    2. Constantin ANGHELACHE & Madalina Gabriela ANGHEL & Cristina SACALA, 2014. "The Gross Domestic Product Evolution," Romanian Statistical Review Supplement, Romanian Statistical Review, vol. 62(12), pages 12-20, December.
    3. Constantin ANGHELACHE & Gabriela Victoria ANGHELACHE & Daniel DUMITRESCU & Bogdan DRAGOMIR & Diana Valentina SOARE, 2014. "The Evolution of the Index of Population Consumption Prices," Romanian Statistical Review Supplement, Romanian Statistical Review, vol. 62(4), pages 98-107, April.
    Full references (including those not matched with items on IDEAS)

    Most related items

    These are the items that most often cite the same works as this one and are cited by the same works as this one.
    1. Constantin ANGHELACHE & Alexandru MANOLE & Mădălina Gabriela ANGHEL, 2016. "The major economic evolution of Romania by the middle of 2016," Theoretical and Applied Economics, Asociatia Generala a Economistilor din Romania / Editura Economica, vol. 0(4(609), W), pages 165-182, Winter.
    2. Constantin ANGHELACHE & Alexandru MANOLE & Madalina Gabriela ANGHEL & Cristina SACALA, 2015. "Macroeconomic evolutions in Romania by the end of the year 2014," Romanian Statistical Review Supplement, Romanian Statistical Review, vol. 63(2), pages 46-54, February.
    3. Constantin ANGHELACHE & Alexandru MANOLE & Mădălina Gabriela ANGHEL, 2016. "The major economic evolution of Romania by the middle of 2016," Theoretical and Applied Economics, Asociatia Generala a Economistilor din Romania - AGER, vol. 0(4(609), W), pages 165-182, Winter.
    4. Alexandru MANOLE & Diana Valentina Dumitrescu & Daniel Ioan Dumitrescu, 2017. "Economic Potential Of Investments In Research – Development – Innovation For Accelerating Gdp Growth In Romania," Romanian Statistical Review Supplement, Romanian Statistical Review, vol. 65(5), pages 147-154, May.
    5. Alexandru MANOLE & Constantin ANGHELACHE & Ihab Jweida SJ JWEIDA & Georgiana NITA & Andreea Ioana MARINESCU, 2016. "Regression model used to analyse the correlation between GDP and export activities," Romanian Statistical Review Supplement, Romanian Statistical Review, vol. 64(10), pages 89-92, October.
    6. Constantin ANGHELACHE & Madalina-Gabriela ANGHEL & Mirela PANAIT, 2017. "Main Developments and Perspectives of the European Union," Romanian Statistical Review, Romanian Statistical Review, vol. 65(2), pages 57-79, June.
    7. Madalina Gabriela ANGHEL & Aurelian DIACONU & Cristina SACALA, 2015. "Analysis of the Evolution of Gross Domestic Product by Categories of Users," Romanian Statistical Review Supplement, Romanian Statistical Review, vol. 63(10), pages 35-42, October.
    8. Alexandru MANOLE & Sebastian KOT & Marius POPOVICI & Georgiana NITA, 2016. "The Gross Domestic Product evolution in Romania," Romanian Statistical Review Supplement, Romanian Statistical Review, vol. 64(1), pages 87-95, January.
    9. Zoica DINCA (NICOLA), 2016. "Analysis Of Growth Of Romania During 2003-2015," Romanian Statistical Review Supplement, Romanian Statistical Review, vol. 64(10), pages 52-61, October.
    10. Adriana AnaMaria DAVIDESCU, 2015. "The Relationship between Shadow Economy and Unemployment Rate. A Ardl Causality Analysis for the Case Of Romania," Romanian Statistical Review, Romanian Statistical Review, vol. 63(4), pages 46-62, December.
    11. Constantin ANGHELACHE & Madalina Gabriela ANGHEL, 2017. "Econometric Methods And Models Used In The Analysis Of The Factorial Influence Of The Gross Domestic Product Growth," Network Intelligence Studies, Romanian Foundation for Business Intelligence, Editorial Department, issue 9, pages 67-78, June.

    More about this item

    Keywords

    Purchasing Power Parity; inflation rate; GDP; Harmonised Indices of Consumer Prices;
    All these keywords.

    JEL classification:

    • E23 - Macroeconomics and Monetary Economics - - Consumption, Saving, Production, Employment, and Investment - - - Production
    • E30 - Macroeconomics and Monetary Economics - - Prices, Business Fluctuations, and Cycles - - - General (includes Measurement and Data)
    • E31 - Macroeconomics and Monetary Economics - - Prices, Business Fluctuations, and Cycles - - - Price Level; Inflation; Deflation

    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:rej:journl:v:18:y:2015:i:55:p:85-94. 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.

    If CitEc recognized a bibliographic reference but did not link an item in RePEc to it, you can help with 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: Radu Lupu (email available below). General contact details of provider: https://edirc.repec.org/data/frasero.html .

    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.