BARS curve in Romanian economy
The paper is consacrated to the binomial “public budget-global output” from the BARS curve perspective. The first section characterizes the main conceptual premises of this approach. The second is devoted to empirical analysis, using the statistical data (1990- 2013) for Romania, an European emergen...
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| Format: | Article |
| Language: | English |
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Academy of Economic Studies of Bucharest
2015-05-01
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| Series: | Amfiteatru Economic |
| Subjects: | |
| Online Access: | http://www.amfiteatrueconomic.ro/ArticolEN.aspx?CodArticol=2419 |
| _version_ | 1797990400103809024 |
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| author | Emilian Dobrescu |
| author_facet | Emilian Dobrescu |
| author_sort | Emilian Dobrescu |
| collection | DOAJ |
| description | The paper is consacrated to the binomial “public budget-global output” from the BARS curve perspective. The first section characterizes the main conceptual premises of this approach. The second is devoted to empirical analysis, using the statistical data (1990- 2013) for Romania, an European emergent economy: three cointegrating regressions (fully modified least squares, canonical cointegrating regression and dynamic least squares) and three algorithms based on instrumental variables (two-stage least squares, generalized method of moments, and limited information maximum likelihood) are used. Some conclusions are presented. |
| first_indexed | 2024-04-11T08:35:46Z |
| format | Article |
| id | doaj.art-9cd892e7599d410c9038457624bb3f11 |
| institution | Directory Open Access Journal |
| issn | 1582-9146 2247-9104 |
| language | English |
| last_indexed | 2024-04-11T08:35:46Z |
| publishDate | 2015-05-01 |
| publisher | Academy of Economic Studies of Bucharest |
| record_format | Article |
| series | Amfiteatru Economic |
| spelling | doaj.art-9cd892e7599d410c9038457624bb3f112022-12-22T04:34:20ZengAcademy of Economic Studies of BucharestAmfiteatru Economic1582-91462247-91042015-05-011739693705BARS curve in Romanian economyEmilian Dobrescu 0Romanian Academy, Bucharest, RomaniaThe paper is consacrated to the binomial “public budget-global output” from the BARS curve perspective. The first section characterizes the main conceptual premises of this approach. The second is devoted to empirical analysis, using the statistical data (1990- 2013) for Romania, an European emergent economy: three cointegrating regressions (fully modified least squares, canonical cointegrating regression and dynamic least squares) and three algorithms based on instrumental variables (two-stage least squares, generalized method of moments, and limited information maximum likelihood) are used. Some conclusions are presented.http://www.amfiteatrueconomic.ro/ArticolEN.aspx?CodArticol=2419public budgetglobal outputBARS curve |
| spellingShingle | Emilian Dobrescu BARS curve in Romanian economy Amfiteatru Economic public budget global output BARS curve |
| title | BARS curve in Romanian economy |
| title_full | BARS curve in Romanian economy |
| title_fullStr | BARS curve in Romanian economy |
| title_full_unstemmed | BARS curve in Romanian economy |
| title_short | BARS curve in Romanian economy |
| title_sort | bars curve in romanian economy |
| topic | public budget global output BARS curve |
| url | http://www.amfiteatrueconomic.ro/ArticolEN.aspx?CodArticol=2419 |
| work_keys_str_mv | AT emiliandobrescu barscurveinromanianeconomy |