IDEAS home Printed from https://ideas.repec.org/a/dug/journl/y2012i4p98-105.html
   My bibliography  Save this article

An analysis on the net export dependence relative to GDP and the consumer demand for Romania during 2001-2011

Author

Listed:
  • Catalin Angelo IOAN

    (Danubius University of Galati, Department of Economics)

  • Gina IOAN

    (Danubius University of Galati, Department of Economics)

Abstract

In this paper, we have investigated the dependence of net export based on GDP and the consumer demand in Romania during 2001-2011. After determining the regression equation, the main conclusion is that in Romania is an excessive dependence of net exports from the level of consumption. The fact is easily explained in terms of negative trade balance, the Romanian consumption being based on a very large proportion of imported products. An increase in GDP will lead to a higher negative trade balance therefore it must, imperatively, a modify in export structure in the sense of either adapting to global requirements or a higher quantity and quality production in traditional areas already.

Suggested Citation

  • Catalin Angelo IOAN & Gina IOAN, 2012. "An analysis on the net export dependence relative to GDP and the consumer demand for Romania during 2001-2011," EuroEconomica, Danubius University of Galati, issue 4(31), pages 98-105, November.
    • Handle: RePEc:dug:journl:y:2012:i:4:p:98-105
    as

    Download full text from publisher

    File URL: http://journals.univ-danubius.ro/index.php/euroeconomica/article/view/1489/1417
    Download Restriction: no
    ---><---

    References listed on IDEAS

    as
    1. Savin, N Eugene & White, Kenneth J, 1977. "The Durbin-Watson Test for Serial Correlation with Extreme Sample Sizes or Many Regressors," Econometrica, Econometric Society, vol. 45(8), pages 1989-1996, November.
    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. Palm, F.C. & Sneek, J.M., 1981. "Some econometric applications of the exact distribution of the ratio of two quadratic forms in normal variates," Serie Research Memoranda 0018, VU University Amsterdam, Faculty of Economics, Business Administration and Econometrics.
    2. Frank Wiengarten & Chris K. Y. Lo & Jessie Y. K. Lam, 2017. "“How does Sustainability Leadership Affect Firm Performance? The Choices Associated with Appointing a Chief Officer of Corporate Social Responsibility”," Journal of Business Ethics, Springer, vol. 140(3), pages 477-493, February.
    3. Sabine Engelmann, 2014. "International trade, technological change and wage inequality in the UK economy," Empirica, Springer;Austrian Institute for Economic Research;Austrian Economic Association, vol. 41(2), pages 223-246, May.
    4. Serkan Ünal & Türkmen Derdiyok, 2021. "Agency Costs of Publicly Traded Firms Owners in Turkey," Journal of Research in Economics, Politics & Finance, Ersan ERSOY, vol. 5(2), pages 336-357.
    5. Isabel Gallego-Alvarez & Mª Purificación Vicente-Galindo & Mª Purificación Galindo-Villardón & Miguel Rodríguez-Rosa, 2014. "Environmental Performance in Countries Worldwide: Determinant Factors and Multivariate Analysis," Sustainability, MDPI, vol. 6(11), pages 1-26, November.
    6. Miyamoto, Motoe & Mohd Parid, Mamat & Noor Aini, Zakaria & Michinaka, Tetsuya, 2014. "Proximate and underlying causes of forest cover change in Peninsular Malaysia," Forest Policy and Economics, Elsevier, vol. 44(C), pages 18-25.
    7. Darren Flynn & Gary A Ford & Helen Rodgers & Christopher Price & Nick Steen & Richard G Thomson, 2014. "A Time Series Evaluation of the FAST National Stroke Awareness Campaign in England," PLOS ONE, Public Library of Science, vol. 9(8), pages 1-10, August.
    8. Smith, Simon C. & Timmermann, Allan & Zhu, Yinchu, 2019. "Variable selection in panel models with breaks," Journal of Econometrics, Elsevier, vol. 212(1), pages 323-344.
    9. Jian Ming Luo & Chi Fung Lam, 2017. "Urbanization effects on hotel performance: A case study in China," Cogent Business & Management, Taylor & Francis Journals, vol. 4(1), pages 1412873-141, January.
    10. Ravindra H. Dholakia & Amey A. Sapre, 2012. "Speed of Adjustment and Inflation – Unemployment Tradeoff in Developing Countries – Case of India," Journal of Quantitative Economics, The Indian Econometric Society, vol. 10(1), pages 1-16, January.
    11. Yuto Yoshinaga, 2016. "Market-Wide Cost of Capital Impacts on the Aggregate Earnings-Returns Relation: Evidence from Japan," The Japanese Accounting Review, Research Institute for Economics & Business Administration, Kobe University, vol. 6, pages 95-122, December.
    12. Željka Brkić & Mladen Kuhta, 2022. "Lake Level Evolution of the Largest Freshwater Lake on the Mediterranean Islands through Drought Analysis and Machine Learning," Sustainability, MDPI, vol. 14(16), pages 1-28, August.
    13. Fareeha Waseem & Syeda Fizza Abbas & Anum Farooq, 2022. "Nexus of Employee Stock Ownership with Cost of Capital: Evidence from KSE 100," iRASD Journal of Management, International Research Alliance for Sustainable Development (iRASD), vol. 4(1), pages 38-50, March.
    14. Tahamina Khanam & Abul Rahman & Blas Mola-Yudego & Jouni Pykäläinen, 2017. "Identification of structural breaks in the forest product markets: how sensitive are to changes in the Nordic region?," Mitigation and Adaptation Strategies for Global Change, Springer, vol. 22(3), pages 469-483, March.
    15. Yang, Guangpu & Gu, Qingyang, 2016. "Effects of exchange rate variations on bilateral trade with a vehicle currency: Evidence from China and Singapore," Journal of International Money and Finance, Elsevier, vol. 68(C), pages 50-73.
    16. Waqas Mehmood & Rasidah Mohd-Rashid & Abd Halim Ahmad, 2023. "The Variability of IPO Issuance: Evidence from Pakistan Stock Exchange," Global Business Review, International Management Institute, vol. 24(5), pages 1025-1040, October.
    17. Simon Grima & Inna Romanova & Frank Bezzina & Frank Chetcuti Dimech, 2016. "Alternative Investment Fund Managers Directive and its Impact on Malta’s Financial Service Industry," International Journal of Economics & Business Administration (IJEBA), International Journal of Economics & Business Administration (IJEBA), vol. 0(1), pages 70-85.
    18. Dissanayake, C. Kalpani & Cross, Jennifer A., 2018. "Systematic mechanism for identifying the relative impact of supply chain performance areas on the overall supply chain performance using SCOR model and SEM," International Journal of Production Economics, Elsevier, vol. 201(C), pages 102-115.
    19. Bezzina, Frank & Cassar, Vincent & Tracz-Krupa, Katarzyna & Przytuła, Sylwia & Tipurić, Darko, 2017. "Evidence-based human resource management practices in three EU developing member states: Can managers tell truth from fallacy?," European Management Journal, Elsevier, vol. 35(5), pages 688-700.
    20. Gheorghe SAVOIU & Luiza APOSTOL, 2013. "Econometric Models, Methodology And Trends Regarding Public Debt And External Debt," Romanian Statistical Review, Romanian Statistical Review, vol. 61(9), pages 24-35, October.

    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:dug:journl:y:2012:i:4:p:98-105. 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: Florian Nuta (email available below). General contact details of provider: https://edirc.repec.org/data/fedanro.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.