Theoretical and Applied Economics
No. 1 / 2016 (606), Spring
Long-term effects of the investments dynamics in Romania in the post-accession period – a regional approach
Bucharest University of Economic Studies, Romania
Georgiana MORARU
Bucharest University of Economic Studies, Romania
Abstract. The adhesion to the European Union has boosted investment in Romania, which contributed significantly to the economic growth in 2007-2008. The economic adjustments during the crisis period were focused mainly on reducing the public investments, while promoting procyclical policies. The economic recovery noted after 2011 was recorded amid the drop of investments, in particular due to further decrease of public investments, under the impact of the fiscal consolidation measures and the tendency to push economic growth by stimulating consumption. The private investments had an uneven territorial orientation, which contributed to an increase of regional economic disparities. The paper analyses the recent dynamics of investments in Romania and their contribution to the economic growth, seeking to determine the extent to which the investment policy will lead to a greater territorial cohesion. In this regard, we have used the econometric analysis of the relationship between investment growth and economic development at regional level, by using a set of linear regressions.
Contents
Female entrepreneurial activity in Romania
Analysis of the causal link between wages and prices in UK
Assessing the regional development degree – step one: Calibrating the polar diagram
The relationship between output and asset prices: A time – and frequency – varying approach
Territorial patterns of development in the European Union
Nexus between defense expenditure and economic growth in BRIC economies: An empirical investigation
Efficiency, non-linearity and chaos: evidences from BRICS foreign exchange markets
A theoretical examination of tax evasion among the self-employed
Long-term effects of the investments dynamics in Romania in the post-accession period – a regional approach
A utility based theoretical model for the income-life expectancy curve
Essentials aspects on macroeconomic variables and their correlations
Determinants of the Hungarian forint/ US dollar exchange rate
Macroeconomic strategies for the prevention of economic and financial crisis
Does tourism affect economic growth in Indian states? Evidence from panel ARDL model
Sovereign debt crisis. From challenges to solutions
International trade and tourism for Mediterranean countries: A panel causality analysis
Economic freedom index and stock returns in Malaysia
How budget deficit and current account deficit are interrelated in Indian economy
Study regarding the influence of the endogenous and exogenous factors on credit institution’s return on assets
Effects of oil returns and external debt on the government investment: A case study of Syria