IDEAS home Printed from https://ideas.repec.org/a/agr/journl/v11(516)(supplement)y2007i11(516)(supplement)p123-130.html
   My bibliography  Save this article

The Estimation of Production Function in Romania

Author

Listed:
  • Marius-Corneliu Marinas

    (Academy of Economic Studies, Bucharest)

Abstract

In this study, I have researched the relevance of investments and exports in explaining the economic growth process in Romanian economy, between 1999 and 2006 years. For this, I have used a traditional Cobb-Douglass production function. The results of its estimation show that the growth rate was positively influenced by capital stock and exports while the employment contribution was negatively. The real GDP elasticity to the capital stock variation was 1.02 in the case of the standard production function and 0.72 for the one that has as explained variable the exports too.

Suggested Citation

  • Marius-Corneliu Marinas, 2007. "The Estimation of Production Function in Romania," Theoretical and Applied Economics, Asociatia Generala a Economistilor din Romania - AGER, vol. 11(11(516)(s), pages 123-130, November.
    • Handle: RePEc:agr:journl:v:11(516)(supplement):y:2007:i:11(516)(supplement):p:123-130
    as

    Download full text from publisher

    File URL: http://store.ectap.ro/suplimente/simpozion_23_nov_2007_en.pdf
    Download Restriction: no
    ---><---

    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:agr:journl:v:11(516)(supplement):y:2007:i:11(516)(supplement):p:123-130. 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: Marin Dinu (email available below). General contact details of provider: https://edirc.repec.org/data/agerrea.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.