Ioan Talpos () (West University of Timisoara) Cosmin Enache () (West University of Timisoara)
Abstract
The paper is focused on aspects regarding fiscal policy sustainability inRomania. Analyzing the theoretical foundations of fiscal policy sustainability it could beidentified a methodology for econometric tests to be carried out and to put forward de factopublic debt long-run situation at the country level. In this direction, we carried outstationarity tests for the stock of the gross public debt and cointegration tests for the publicrevenues end public expenditures flows for the case of Romania.
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Find related papers by JEL classification: H20 - Public Economics - - Taxation, Subsidies, and Revenue - - - General H63 - Public Economics - - National Budget, Deficit, and Debt - - - Debt; Debt Management C22 - Mathematical and Quantitative Methods - - Single Equation Models; Single Variables - - - Time-Series Models; Dynamic Quantile Regressions C32 - Mathematical and Quantitative Methods - - Multiple or Simultaneous Equation Models; Multiple Variables - - - Time-Series Models; Dynamic Quantile Regressions
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