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Current Account Deficit Analysis. The Pattern Based On Adjusting Cost Of Investments

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  • Radu Criveanu
  • Marian Siminica
  • Daniel Circiumaru

    (University of Craiova, Faculty of Economics and Business Administration, România)

Abstract

The present paper deals with the issue of current account deficit, trying to offer a series of answers to the debates regarding its recent evolution in Romania. In the former part it is presented the level of current account deficit and the evolution of its main components within the period 2001-2005. The latter part tries to quantify the main factors that may influence and affects the level of current account deficit, using a pattern based on adjusting investments cost.

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File URL: http://feaa.ucv.ro/RTE/008-22.pdf
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Bibliographic Info

Article provided by University of Craiova, Faculty of Economics and Business Administration in its journal Revista Tinerior Economisti(The Young Economists Journal).

Volume (Year): 1 (2007)
Issue (Month): 8 (April)
Pages: 165-171

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Handle: RePEc:aio:rteyej:v:1:y:2007:i:8:p:165-171

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  1. Gian Maria Milesi-Ferrett & Assaf Razin, 1996. "Sustainability of Persistent Current Account Deficits," NBER Working Papers 5467, National Bureau of Economic Research, Inc.
  2. Jeffrey M Wooldridge, 2010. "Econometric Analysis of Cross Section and Panel Data," MIT Press Books, The MIT Press, edition 2, volume 1, number 0262232588, December.
  3. Paolo Zanghieri, 2004. "Current Accounts Dynamics in new EU members: Sustainability and Policy Issues," Working Papers 2004-07, CEPII research center.
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