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Scenarios of the Romania‘s economic growth

Author

Listed:
  • Nicolae Mihailescu

    (Universitatea Hyperion-Bucuresti)

  • Claudia Capatina

    (Universitatea Hyperion-Bucuresti)

  • Cristina Burghelea

    (Universitatea Hyperion-Bucuresti)

Abstract

The potential economic growth of a country is consistently a primary goal of existence and sustainable development, to ensure the livelihoods of all residents to increase living standards. To achieve this goal it is necessary to undertake complex studies to formulate a correct diagnosis and real of the economic status to substantiate, on this basis, the economic policy decisions and legislative decisions on short term or longer periods of time. In this context, this study presents an analysis of the dynamics of GDP as a synthetic macroeconomic indicator and its structural components by developing econometric models confirmed statistically as viable. Also, levels of forecast character as predictable scenarios are estimated, showing acceptable safety based on sufficiently small significance thresholds.

Suggested Citation

  • Nicolae Mihailescu & Claudia Capatina & Cristina Burghelea, 2015. "Scenarios of the Romania‘s economic growth," Romanian Statistical Review Supplement, Romanian Statistical Review, vol. 63(3), pages 78-102, March.
    • Handle: RePEc:rsr:supplm:v:63:y:2015:i:3:p:78-102
    as

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    File URL: http://www.revistadestatistica.ro/supliment/wp-content/uploads/2015/05/RRSS03_2015_A04_en.pdf
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    Cited by:

    1. repec:agr:journl:v:4(605):y:2015:i:4(605):p:45-52 is not listed on IDEAS
    2. Constantin ANGHELACHE & Diana Valentina SOARE & Marius POPOVICI, 2015. "Analysis of Gross Domestic Product Evolution under the Influence of the Final Consumption," Theoretical and Applied Economics, Asociatia Generala a Economistilor din Romania - AGER, vol. 0(4(605), W), pages 45-52, Winter.

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