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The Evolution Of The Economy Between 2006 - 2021 Measured By Gdp, Gdp Ppp In Accordance With The Average Wages - Euro Area Vs Romania –

Author

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  • CSOSZ CSONGOR

    (BABES – BOLYAI UNIVERSITY OF CLUJ NAPOCA)

Abstract

The economic growth, the economic situation of a country is a significant theme in economic literature. In this article we analyze the change in GDP per capita euro area 2006 - 2021, GDP per capita Romania 2006 - 2021, GDP PPP per capita euro area 2006 - 2021, GDP PPP per capita Romania 2006 - 2021, average monthly wages in the euro area 2006 - 2021, average monthly wages in Romania 2006 – 2021, ratio of the GDP PPP per capita Romania and the euro area, average monthly wages ratio Romania and the euro area and hourly labor cost related to the 2008 – 2021 period, to formulate a conclusion about this modifications. The conclusion will be formulated based on validated and/or invalidated hypotheses. We want to find the answer to the statement: economic development measured by GDP, GDP PPP is accordance with the average monthly wages earned by employees in Romania compared to the countries of the euro area (19 countries).

Suggested Citation

  • Csosz Csongor, 2022. "The Evolution Of The Economy Between 2006 - 2021 Measured By Gdp, Gdp Ppp In Accordance With The Average Wages - Euro Area Vs Romania –," Annals - Economy Series, Constantin Brancusi University, Faculty of Economics, vol. 5, pages 39-46, October.
    • Handle: RePEc:cbu:jrnlec:y:2022:v:5:p:39-46
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    References listed on IDEAS

    as
    1. Alan M. Taylor & Mark P. Taylor, 2004. "The Purchasing Power Parity Debate," Journal of Economic Perspectives, American Economic Association, vol. 18(4), pages 135-158, Fall.
    2. Alan M. Taylor & Mark P. Taylor, 2004. "The Purchasing Power Parity Debate," Journal of Economic Perspectives, American Economic Association, vol. 18(4), pages 135-158, Fall.
    3. Abdul Aziz Farid Saymeh & Marwan Mohammad Abu Orabi, 2013. "The Effect of Interest Rate, Inflation Rate, GDP, on Real Economic Growth Rate in Jordan," Asian Economic and Financial Review, Asian Economic and Social Society, vol. 3(3), pages 341-354.
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