The purpose of this study is to investigate the relation between regional convergence inside of countries in EU and overall economic growth, and, based on it, to establish some relevant behavioural regimes. As data sources we are using the available dataset NUTS 2 from EUROSAT for the period...

In order to obtain plausible scenarios of economic development in Romania up to 2010-2015 horizon, the authors use a mix of forecasting models, like „medium-term” ones and „long-run” models. In this respect three alternative models are used, a sustainability function model (for public...

The paper analyzes the dynamics and structure of GDP in Romania during the transition period. Two simulation scenarios are proposed on the basis of a standard production function. The first simulation uses an augmented production function with FDI and exports, while the second simulation uses a...

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...

Using a small-size RMSM model, the authors simulate development alternatives in the medium run, revealing their implications upon the Romanian economy. The reference scenario is characterized by a moderate economic growth, based on the increase in the investements. Both imports exports are...