Scenarios Of Economic Development In Romania – Medium To Long-Term Forecasting Models
In order to obtain plausible scenarios of economic development in Romania up to 2010-2015 horizon, the authors use a mix of forecasting models, like „medium-term” ones and „long-run” models. In this respect three alternative models are used, a sustainability function model (for public debt and fiscal deficits), a simple econometric model based on a production function with FDI and exports included as inputs and a standard Cobb-Douglas model.
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Volume (Year): (2003)
Issue (Month): 5 (December)
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- Croitoru, Lucian & Tarhoaca, Cornel, 2003. "The Romanian Growth Potential – A Cge Analysis," Journal for Economic Forecasting, Institute for Economic Forecasting, vol. 0(4), pages 7-22, December.
- Dobrescu, Emilian, 1996. "Macromodels of the Romanian transition Economy," MPRA Paper 35810, University Library of Munich, Germany.
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