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Sectoral Dynamics of the Economic Crisis in Romania

Author

Listed:
  • Gust Marius

    (”Constantin Brâncoveanu” University of Pitesti)

Abstract

The paper aims at investigating the economic and financial crisis impact which has occurred in the Romanian economy, upon the Romanian companies since 2008. Specifically, its effects are taken into account regarding the number of economic players, the labor force, and the results of business performance: enterprise turnover or gross outcomes. Additionally, this research paper aims at assessing the crisis consequences on corporate behavior in the insecure environment of the crisis regarding the investment process and the value rendered by enterprisesn. The investigation is made exclusively on the secondary and tertiary sectors of the Romanian economy: industry, construction, trade and services, both from an overall and a sectoral perspective. The analysis also envisages the correlation of progress per the aforementioned economic segments with the overall development of the Romanian economy in terms of economic and financial crisis.

Suggested Citation

  • Gust Marius, 2014. "Sectoral Dynamics of the Economic Crisis in Romania," Ovidius University Annals, Economic Sciences Series, Ovidius University of Constantza, Faculty of Economic Sciences, vol. 0(1), pages 327-332, May.
    • Handle: RePEc:ovi:oviste:v:xiv:y:2014:i:1:p:327-332
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    More about this item

    Keywords

    crisis impact; companies; results; business performance;
    All these keywords.

    JEL classification:

    • E32 - Macroeconomics and Monetary Economics - - Prices, Business Fluctuations, and Cycles - - - Business Fluctuations; Cycles

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