Theoretical and Applied Economics
No. 3 / 2022 (632), Autumn
Fiscal and monetary policy effects on economic growth in Romania (1990-2020)
University of Oran 2 Mohamed ben Ahmed, Algeria
Brahim BOUYACOUB
University of Oran 2 Mohamed ben Ahmed, Algeria
Abstract. This research paper aims to assess the impact of both fiscal and monetary policy on economic growth in Romania. Hence, an empirical model elaborated and estimated by ARDL method covering a period between 1990 and 2020. Results show that fiscal policy has a significant positive impact on growth in both short and long run while monetary policy has a positive impact on economic growth only in short term. To notice a negative impact of inflation in both short and long term enhancing the role of monetary policy.
Contents
Financial development and public debt. Estimating the role of institutional quality
An econometric approach to analyse the perceived cartel behaviour of OPEC
Global Competitiveness Index 4.0 and export performances of the European economies
Multifractal analysis of equities. Evidence from the emerging and frontier banking sectors
Using automated systems to run a modern state and benchmarking the solution with advanced indicators
Health expenditure, life expectancy, fertility rate, CO2 emissions and economic growth Do public, private and external health expenditure matter?
The economic effects of working remotely: causes and implications
Cash conversion cycle and its relationship with profitability as a cash management tool in companies: An application on companies trading in Borsa Istanbul
Measuring financial inclusion and its present status in South Asian countries. Evidence from a multidimensional Financial Inclusion Index
Stock market linkages in Asia. Revisiting Granger causality evidences
The effects of exchange rate changes on the bilateral trade balances between the MENA country group and France: empirical evidences based on non-linear ARDL approach
Postmodernism and communication in education. European funds for combatting school dropout in Romania
Fiscal and monetary policy effects on economic growth in Romania (1990-2020)
Economic growth at the expense of technology
Inflation seriously affects the standard of living of the population