IDEAS home Printed from
   My bibliography  Save this article

Analysis of the Relationship between the Romanian Exports and Imports


  • Ramona Dumitru

    („Dunărea de Jos” University of Galaţi, Romania)

  • Costel Nistor

    („Dunărea de Jos” University of Galaţi, Romania)

  • Răzvan Ștefănescu

    („Dunărea de Jos” University of Galaţi, Romania)


In the last years, the Romanian economy experienced significant foreign deficits after the surpluses achieved in the periods of communist regime. The continuation of this evolution could affect, in the future, the macroeconomic stability. In this paper we study the relationship between the Romanian exports and imports in the period of time January 2004 -July 2008. For this purpose we use the Engle-Granger cointegration test. We found the existence of a cointegration relationship between exports and imports. However, this is not enough to sustain the foreign deficits since the imports grew faster than the exports. This situation imposes certain changes in the macroeconomic policy.

Suggested Citation

  • Ramona Dumitru & Costel Nistor & Răzvan Ștefănescu, 2008. "Analysis of the Relationship between the Romanian Exports and Imports," Annals of the University of Petrosani, Economics, University of Petrosani, Romania, vol. 8(1), pages 177-182.
  • Handle: RePEc:pet:annals:v:8:i:1:y:2008:p:177-182

    Download full text from publisher

    File URL:
    Download Restriction: no


    Citations are extracted by the CitEc Project, subscribe to its RSS feed for this item.

    Cited by:

    1. Sacchidananda Mukherjee & Debashis Chakraborty & Julien Chaisse, 2014. "Influence of Subsidies on Exports empirical estimates,policy evidences and regulatory prospects," Working Papers 1422, Indian Institute of Foreign Trade.


    All material on this site has been provided by the respective publishers and authors. You can help correct errors and omissions. When requesting a correction, please mention this item's handle: RePEc:pet:annals:v:8:i:1:y:2008:p:177-182. See general information about how to correct material in RePEc.

    For technical questions regarding this item, or to correct its authors, title, abstract, bibliographic or download information, contact: (Imola Driga). General contact details of provider: .

    If you have authored this item and are not yet registered with RePEc, we encourage you to do it here. This allows to link your profile to this item. It also allows you to accept potential citations to this item that we are uncertain about.

    We have no references for this item. You can help adding them by using this form .

    If you know of missing items citing this one, you can help us creating those links by adding the relevant references in the same way as above, for each refering item. If you are a registered author of this item, you may also want to check the "citations" tab in your RePEc Author Service profile, as there may be some citations waiting for confirmation.

    Please note that corrections may take a couple of weeks to filter through the various RePEc services.

    IDEAS is a RePEc service hosted by the Research Division of the Federal Reserve Bank of St. Louis . RePEc uses bibliographic data supplied by the respective publishers.