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The setting of market economy in Romania - statistical arguments


  • Săvoiu, Gheorghe/G.


Concerning the period 1990-2004, one can formulate a hypothesis of economic and national industrial cyclical phenomenon of “Juglar” type, with two visible evolution periods, the former of expansion and the latter of recession, and between them, less evident, the crisis and the downward. The Romanian economy crossed two “Juglar” cycles over three electoral periods that succeeded already to outline the elements of electoral cyclical type.

Suggested Citation

  • Săvoiu, Gheorghe/G., 2006. "The setting of market economy in Romania - statistical arguments," MPRA Paper 13534, University Library of Munich, Germany, revised Mar 2007.
  • Handle: RePEc:pra:mprapa:13534

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    References listed on IDEAS

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    13. Gabaix, Xavier & Ioannides, Yannis M., 2004. "The evolution of city size distributions," Handbook of Regional and Urban Economics,in: J. V. Henderson & J. F. Thisse (ed.), Handbook of Regional and Urban Economics, edition 1, volume 4, chapter 53, pages 2341-2378 Elsevier.
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    15. Jan Eeckhout, 2009. "Gibrat's Law for (All) Cities: Reply," American Economic Review, American Economic Association, vol. 99(4), pages 1676-1683, September.
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    More about this item


    cyclical phenomenon; Juglar cycle; market economy; electoral cycle; economic growth;

    JEL classification:

    • E31 - Macroeconomics and Monetary Economics - - Prices, Business Fluctuations, and Cycles - - - Price Level; Inflation; Deflation
    • B22 - Schools of Economic Thought and Methodology - - History of Economic Thought since 1925 - - - Macroeconomics
    • F43 - International Economics - - Macroeconomic Aspects of International Trade and Finance - - - Economic Growth of Open Economies


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