The paper revises the previous author’s estimates of the medium-term evolution of the Romanian economy. It is organized in three chapters. The first examines the most important crisis and post-crisis problems of Romania. The analysis is developed preponderantly from a structural point of view....

Starting from the basic relationship among investment, GDP and the active interest rate estimated as long-term tendency, several short-term dynamics equation are built for revealing the impact of different factors: cost of capital, foreign direct investments, labor (unemployment rate, real net...

Based on the 2012 Version of the Romanian Macromodel, the first section of this paper discusses the evolution of the Romanian economy in 2014. The previous simulations were revised taking into account the changes in the internal and external socio-economic conjuncture or in the available...

Estimates of the macroeconomic indicators are carried out with an econometric model which tries to estimate the medium-term evolution of the Moldovan economy. The forecast takes into account the economic influence of the main economic partners of the Republic of Moldova and the internal...

The study represents an attempt to build a generalized sustainability function. After that, a model was developed in order to integrate the sustainability function within the general economic growth context. The author conceived two partial models (their parameters are being estimated on the...

This paper aims to explore the nonlinear relation between investments and GDP. The method of neural network is used to construct two nonlinear models of GDP in relation to domestic investments, foreign direct investments and real interest rate. The results show that the two neural models present...

In this paper, we have built several panel data models at industry level for the period 2000-2011, by considering the impact of various macroeconomic variables, such as labour cost and average gross earnings, upon employment in Romania. A forecasting scenario was then built to forecast the...

The study is based on the 2000 version of the Romanian economy macromodel, amended only by updating the inflation econometric function. The paper presents the estimations for 2001, and, having in view the "Pre-Accession Economic Programme" the author presents two scenarios (a desirable,...