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Economic Convergence. Applications - Second Part -

Iancu, Aurel - In: Journal for Economic Forecasting 4 (2007) 4, pp. 24-48

Real convergence is an essential objective of Romania’s integration into the EU. Bridging the development gaps between Romania and the EU as soon as possible cannot be achieved exclusively through market forces, since they rather tend to cause divergence and polarization. For this purpose,...

Persistent link: https://www.econbiz.de/10005772641

The Question of Economic Convergence - first part -

Iancu, Aurel - In: Journal for Economic Forecasting 4 (2007) 3, pp. 5-18

Persistent link: https://www.econbiz.de/10005612206

Examples of New Macroeconomic Modelling and Simulation Techniques: How They Could Improve Decisions and Public Perception

Albu, Lucian Liviu; Gorun, Adrian - In: Journal for Economic Forecasting (2010) 5, pp. 7-16

Macroeconomic forecasting started around the Second World War as a way to test economic theories, but it also has a number of very concrete uses, playing an increasing role as an input in decision-making. The first macroeconomic models were produced by two famous economists, Tinbergen in 1939...

Persistent link: https://www.econbiz.de/10009321269

A MODEL TO ESTIMATE SPATIAL DISTRIBUTION OF INFORMAL ECONOMY

Albu, Lucian Liviu - In: Journal for Economic Forecasting 5 (2008) 4, pp. 111-124

Among economists it is widely believed that high tax rates and ineffective tax collection by the government are the main causes contributing to the rise of the informal economy. Economists have already established two relationships, at least empirically demonstrated, between tax rates and tax...

Persistent link: https://www.econbiz.de/10005772630

Foreign Trade and FDI as Main Factors of Growth in the EU

Albu, Lucian Liviu - In: Journal for Economic Forecasting (2013) 2, pp. 7-17

In the last decade, a number of empirical studies tried to highlight a strong correlation among foreign trade, foreign direct investment and economic growth. Moreover, the recent crisis affecting firstly the GDP growth had also a negative impact on foreign trade and on FDI inflow. Today, there...

Persistent link: https://www.econbiz.de/10010678156

Performance Measurement In Public Spending: Evidence From A Non-Parametric Approach

Hsu, Yi-Chung; Lee, Chien-Chiang - In: Journal for Economic Forecasting (2014) 3, pp. 136-159

show how productivity has changed over time for 18 selected OECD countries during 1995 to 2002. Our analysis shows that 14 … economies. The patterns of changes in efficiency for the countries are further analyzed using the Malmquist productivity index … approach. The result shows that total factor productivity is higher in the first sub-period, 1995- 1999, which could be …

Persistent link: https://www.econbiz.de/10010938023

FDI, Productivity and Wages. New Evidence from a Romanian Matched Sample

Jude, Cristina - In: Journal for Economic Forecasting (2012) 4, pp. 36-55

productivity and wage premium, suggesting that most of the performance gap is actually due to selfselection. In the present paper … we reevaluate the productivity and wage premium of foreign affiliates using a large dataset of Romanian firms, for the … performance gaps. We find that that around 40% of the productivity gap and 42% of the wage premium is due to self-selection. Once …

Persistent link: https://www.econbiz.de/10010604355

THE ROMANIAN MANUFACTURING INDUSTRY FROM THE PERSPECTIVE OF INTEGRATION OF ROMANIA INTO THE EUROPEAN UNION

Mereuta, Cezar - In: Journal for Economic Forecasting 1 (2004) 1, pp. 25-37

The paper analyzes the role of the manufacturing industry as an economic development vector from the perspective of the integration of Romania into the European Union, on the basis of a structural breakdown following specific criteria that take into account the use of resources, the...

Persistent link: https://www.econbiz.de/10005827588

Competitive Strategy and Productivity Growth

Vasile, Dragos - In: Journal for Economic Forecasting 3 (2006) 3, pp. 71-80

The most of the industrial countries have experienced productivity slowdown, which is a serious concern of policy …-makers. The study focuses on a strategy of enhancing the framework conditions of the productivity growth through competition. Its … ensuring an efficient economy and boosting productivity. …

Persistent link: https://www.econbiz.de/10005827617

MODELLING THE ECONOMIC GROWTH IN ROMANIA WITH THE SOLOW MODEL

Caraiani, Petre - In: Journal for Economic Forecasting 4 (2007) 1, pp. 77-88

In this study I make an estimation of the Solow model for the Romanian economy. Starting from the estimates of the parameters from other studies, I simulate the model both for the 1990-2004 period and in the long run. The study shows that the Solow model provides a good approximation of the...

Persistent link: https://www.econbiz.de/10005827627