Showing 1 - 10 of 66
were considerable for Romania. For the first period of time we could not prove significant relations between the foreign …
Persistent link: https://www.econbiz.de/10013096249
This paper explores the sustainability of the Romanian current account. For this purpose we test the stationarity and cointegration of the monthly credit and debit transactions of the current account. It results these time series have unit roots for levels values, but they are stationary for...
Persistent link: https://www.econbiz.de/10013096720
In the last decades the specialized literature revealed the seasonal effects on the financial markets evolution. Among them there is the day-of-the-week effect, which consists in significant differences from the average returns on some days of the week than others. This paper investigates the...
Persistent link: https://www.econbiz.de/10013096727
This paper approaches the relation between the exchange rate volatility and the Romanian exports to the Euro Area. We employ monthly values of the real exports and the standard deviation of the real exchange rate in a Vector Autoregressive model. We find a negative and weak influence of the...
Persistent link: https://www.econbiz.de/10013096938
Bucharest Stock Exchange experienced a relatively quiet period which lasted for many years. Instead, after Romania had became …
Persistent link: https://www.econbiz.de/10013098978
In Romania, as in many Central and Eastern Europe countries, during the communist regime all the banks were owned by … by state. From the seven state-owned banks that activated in the 1990s in Romania, one had to be closed, four were …
Persistent link: https://www.econbiz.de/10013099045
This paper explores the dynamic relations between the Romanian exports and imports using monthly data from January 2005 to March 2009. We test the cointegration and causality between the two variables. The results of Engle-Granger, Johansen and cointegration tests are ambiguous while the...
Persistent link: https://www.econbiz.de/10013099062
In Romania the foreign direct investment had a delayed beginning in comparison with other former socialist countries … executives of FDI. The subjects included different aspects of the business environment from Romania: macroeconomic stability …
Persistent link: https://www.econbiz.de/10013099064
This paper explores some particularities of the strategic decisions adopted by the Romanian exporters. We use four case studies in which there are presented such decisions. We conclude that in the actual complex context for the export activity the adaptation capacity is a key factor of success
Persistent link: https://www.econbiz.de/10013099836
This paper explores the dynamic relation between the exports and the gross domestic product from Romania. We employ the …
Persistent link: https://www.econbiz.de/10013099837