Econometric Evidences of Political Business Cycles in Romania during the socialist regime and after
In this paper we analyse the link between politics and economics in Romania under the socialist regime and during the first years of democracy. To investigate this relationship, we focus on how the electoral moments (election's dates for Great National Assembly) or political events (years of Communist Party Congresses) are related to the change of economic performance between 1960 and 1989. For the situation after the Revolution in 1989, we analyse the regional evidences.
Volume (Year): 1 (2013)
Issue (Month): 1 (Ianuary)
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- Anthony Downs, 1957. "An Economic Theory of Political Action in a Democracy," Journal of Political Economy, University of Chicago Press, vol. 65, pages 135.
- Jan-Peter OLTERS, 2004. "The Political Business Cycle At Sixty: Towards A Neo-Kaleckian Understanding Of Political Economy," Cahiers d’économie politique / Papers in Political Economy, L'Harmattan, issue 46, pages 91-130.
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- Alberto Alesina & Nouriel Roubini & Gerald D. Cohen, 1997. "Political Cycles and the Macroeconomy," MIT Press Books, The MIT Press, edition 1, volume 1, number 0262510944, June.
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