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The Relevance of the Rural – Urban Covergence Based on a New Method of Price Shears’ in Romanian Economy

Author

Listed:
  • Gheorghe SAVOIU

    (University of Pitesti)

  • Laurentiu TACHICIU

    (Academy of Economic Studies, Bucharest)

  • Vasile DINU

    (Academy of Economic Studies, Bucharest)

Abstract

The authors of this paper had tried to answer to some major questions about the importance and the consequences of the contemporary prices shear in the Romaniana economy. How important could be the consumer price index (CPI) in today’s Romanian market economy? Could the current prices shear revealed by the structural inflation indexes be a real instrument for a rural and urban ceconomic convergence in Romania? The method of price shears used for the first time in contemporary Romanian economy, based on its new statistical instrument and indices for inflation’s evaluation allows a significant turning to account of the inflation rural / urban disparities, whose statistical and economic consequences are very important today. The methodology of this paper is predominantly statistical, highlighting the qualities of the current Romanian interpreter index of consumer prices, focusing on the strengths of its practical utility and specificity.

Suggested Citation

  • Gheorghe SAVOIU & Laurentiu TACHICIU & Vasile DINU, 2013. "The Relevance of the Rural – Urban Covergence Based on a New Method of Price Shears’ in Romanian Economy," Romanian Statistical Review Supplement, Romanian Statistical Review, vol. 61(2), pages 49-54, May.
    • Handle: RePEc:rsr:supplm:v:61:y:2013:i:2:p:49-54
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    References listed on IDEAS

    as
    1. Gheorghe Săvoiu & Vasile Dinu & Laurenţiu Tăchiciu, 2012. "Romania Foreign Trade in Global Recession, Revealed by the Extended Method of Exchange Rate Indicators," The AMFITEATRU ECONOMIC journal, Academy of Economic Studies - Bucharest, Romania, vol. 14(31), pages 173-194, February.
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    More about this item

    Keywords

    consumer price index (CPI) the goods – services price shears; inflation; interpreter index; matrix of correlations;
    All these keywords.

    JEL classification:

    • O18 - Economic Development, Innovation, Technological Change, and Growth - - Economic Development - - - Urban, Rural, Regional, and Transportation Analysis; Housing; Infrastructure
    • E31 - Macroeconomics and Monetary Economics - - Prices, Business Fluctuations, and Cycles - - - Price Level; Inflation; Deflation

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