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The Correlation Analysis Between the Public Debt, the Budget Deficit and GDP in Romania

Author

Listed:
  • Janusz Grabara

    (Czestochowa University of Technology, Poland)

  • Petre Brezeanu

    (Bucharest University of Economic Studies, Romania)

  • Ana-Petrina Paun

    (University of Petrosani, Romania)

Abstract

The way in which the state manages the public debt represented always and will continue to represent a subject of real importance, and the discussions regarding the level of budget deficit, the degree of indebtedness and their implications on social prosperity are of important actuality as much as national level as also at European Union level. In this paper it is presented the dependence between the Romanian public debt and its budget deficit, the dependence between the Romanian public debt and its GDP, in tandem with the ARX model time variation, rending evident the residuum.

Suggested Citation

  • Janusz Grabara & Petre Brezeanu & Ana-Petrina Paun, 2016. "The Correlation Analysis Between the Public Debt, the Budget Deficit and GDP in Romania," Annals of the University of Craiova for Journalism, Communication and Management, Department of Communication, Journalism and Education Sciences, University of Craiova, vol. 2(1), pages 5-15, October.
  • Handle: RePEc:edt:aucjcm:v:2:y:2016:i:1:p:5-15
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    References listed on IDEAS

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    1. Marina Zhuravskaya & Elena Morozova & Natalia Anashkina & Manuela Ingaldi, 2016. "Toyota-Oriented Technologies As Ecological Management Tools For Transport Enterprises," Polish Journal of Management Studies, Czestochowa Technical University, Department of Management, vol. 13(2), pages 192-203, June.
    2. Aurelia Dumitru & Andrei Bogdan Budica & Alina Georgiana Motoi, 2016. "Managerial-Systemic Profile Of A Tourism Company," Polish Journal of Management Studies, Czestochowa Technical University, Department of Management, vol. 13(2), pages 36-45, June.
    3. Voinea Dan Valeriu & Opran Elena Rodica & Busu Oprea Valentin & Vladutescu Stefan, 2015. "Embarrassments In Managerial Communication," Polish Journal of Management Studies, Czestochowa Technical University, Department of Management, vol. 11(2), pages 171-180, June.
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    Cited by:

    1. Aurelia DUMITRU & Andrei Bogdan BUDICÄ‚, 2017. "Informational Content Of The Periodic Synthesis Reports," Annals of the University of Craiova for Journalism, Communication and Management, Department of Communication, Journalism and Education Sciences, University of Craiova, vol. 3(1), pages 49-61, August.

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    More about this item

    Keywords

    public debt; budget deficit; GDP;
    All these keywords.

    JEL classification:

    • H62 - Public Economics - - National Budget, Deficit, and Debt - - - Deficit; Surplus
    • H63 - Public Economics - - National Budget, Deficit, and Debt - - - Debt; Debt Management; Sovereign Debt

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