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Microeconomic complexity: trading policy in conditions of crises – an empirical study from Romania

Author

Listed:
  • Hosney (HARRY) ZURUB

    (Bucharest University of Economic Studies, Romania)

  • Alexandru IONESCU

    (Bucharest University of Economic Studies, Romania)

  • Natalia BOB

    (Bucharest University of Economic Studies, Romania)

  • Celia BEŞCIU

    (Bucharest University of Economic Studies, Romania)

Abstract

Worldwide trading policies has been modified to keep up with the world commercial development movement in the last decade, taking in consideration the evolving Economic complexity which can be found in several factor such as the acts of commerce in terms of constraints, from the producer market and also consummation level in the EU. Romania as a EU member taken as model in our paper is facing a number of challenges, which needs to be removed, in order to increase welfare and sustainable development to its economy, with the scope of measuring the economic complexity on the Romanian Economy, data input represents two quarters in a raw fourth 2013 and the first of 2014, explaining imports and exports implications to the Romanian economic complexity rate ,and trying to simulate reformulation suggestions for a new trading behavior in the context of last financial Crises, The Analysis was made in collaboration with Ontonx Economic complexity analysis EU-28 Zone samples. Our paper scope is to find key factors to develop international trading with Romania.

Suggested Citation

  • Hosney (HARRY) ZURUB & Alexandru IONESCU & Natalia BOB & Celia BEŞCIU, 2015. "Microeconomic complexity: trading policy in conditions of crises – an empirical study from Romania," Theoretical and Applied Economics, Asociatia Generala a Economistilor din Romania - AGER, vol. 0(Special(I), pages 321-330.
    • Handle: RePEc:agr:journl:v:xxii:y:2015:i:special(ii):p:321-330
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