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Prospects for the Evolution of the Economic Sectors’ Behavior

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Author Info

  • Scutaru, Cornelia

    () (Institute for Economic Forecasting, Romanian Academy)

  • Fomin, Petre

    (Institute for Economic Forecasting, Romanian Academy)

  • Stanica, Cristian

    (Institute for Economic Forecasting, Romanian Academy)

Abstract

This paper is a synthesis of the research results obtained over the interval 2008- 20094. The problem we addressed was the following: how the evolution of an economic sector’s output was influenced when an exogenous shock occurred within its basic factors, namely the received intermediate consumptions, wage remuneration, taxes on products, gross fixed capital formation, foreign trade (expressed through the ratio of the sector’s imports to exports). The most significant distortions that may determine in circumstances of crisis severe disturbances in the functioning of the economic system were signaled.

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File URL: http://www.ipe.ro/rjef/rjef_sup_2010/rjefSup_2010p120-142.pdf
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Bibliographic Info

Article provided by Institute for Economic Forecasting in its journal Romanian Journal for Economic Forecasting.

Volume (Year): (2010)
Issue (Month): 5 ()
Pages: 120-142
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Handle: RePEc:rjr:romjef:v::y:2010:i:5:p:120-142

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Related research

Keywords: economic sectors; exogenous shock; macroeconomic simulations;

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References

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Please report citation or reference errors to , or , if you are the registered author of the cited work, log in to your RePEc Author Service profile, click on "citations" and make appropriate adjustments.:
  1. Dobrescu, Emilian, 2006. "Integration of macroeconomic behavioural relationships and the input-output block: Romanian modelling experience," MPRA Paper 35748, University Library of Munich, Germany.
  2. S G Hall & B Yhap, 2003. "Measuring the Correlation of Shocks between the UK and the Core of Europe," NIESR Discussion Papers 213, National Institute of Economic and Social Research.
  3. Scutaru, Cornelia & Saman, Corina & Stanica, Cristian, 2008. "Predictability And Complexity In Macroeconomics. The Case Of Gross Fixed Capital Formation In The Romanian Economy," Journal for Economic Forecasting, Institute for Economic Forecasting, vol. 5(4), pages 196-205, December.
  4. Pauna, Bianca & Ghizdeanu, Ion & Scutaru, Cornelia & Fomin, Petre & Saman, Corina, 2007. "The "Dobrescu" Macromodel Of The Romanian Market Economy - 2005 Version - Yearly Forecast," Journal for Economic Forecasting, Institute for Economic Forecasting, vol. 4(1), pages 115-125, March.
  5. Dobrescu, Emilian & Gaftea, Viorel & Scutaru, Cornelia, 2010. "Using the Leontief Matrix to Estimate the Impact of Investments upon the Global Output," Journal for Economic Forecasting, Institute for Economic Forecasting, vol. 0(2), pages 176-187, July.
  6. Scutaru, Cornelia & Saman, Corina & Stanica, Cristian, 2009. "The Relation between Predictability and Complexity: Domestic and Public Consumption in the Romanian Economy," Journal for Economic Forecasting, Institute for Economic Forecasting, vol. 6(3), pages 34-46, September.
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