THE EFFECT OF ECONOMIC DEVELOPMENT ON PUBLIC DEBT: EMPIRICAL EVIDENCE FROM ROMANIA, CROATIA AND BULGARIA
icts etc.) some similar countries, from economic development point of view, such Romania, Bulgaria and Croatia have encountered difficulties in managing macroeconomic indicators with a pronounced impact on the public debt. The study captures an economic overview of this three countries, for years...
| Main Authors: | , |
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| Format: | Article |
| Language: | English |
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Academica Brâncuşi
2023-04-01
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| Series: | Analele Universităţii Constantin Brâncuşi din Târgu Jiu : Seria Economie |
| Subjects: | |
| Online Access: | https://www.utgjiu.ro/revista/ec/pdf/2023-02/01_Onofrei.pdf |
| _version_ | 1797640152464490496 |
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| author | ONOFREI MIHAELA STRACHINARU ALIN VASILE |
| author_facet | ONOFREI MIHAELA STRACHINARU ALIN VASILE |
| author_sort | ONOFREI MIHAELA |
| collection | DOAJ |
| description | icts etc.) some similar countries, from economic development point of view, such Romania, Bulgaria and Croatia
have encountered difficulties in managing macroeconomic indicators with a pronounced impact on the public debt. The
study captures an economic overview of this three countries, for years 2009 - 2021, with a quarterly frequency, by
finding appropriate measures for recovery and sustainable development in the medium and long term. As an analysis
tool, V A R - Vector Autoregression Model analyzes the correlation between public debt and gross domestic product,
continuing with those macroeconomic indicators which have an significant impact on public debt (gross domestic
product, unemployment, investments, house price index). |
| first_indexed | 2024-03-11T13:26:47Z |
| format | Article |
| id | doaj.art-bd1cc1bdfe894d849826271f710f8d9a |
| institution | Directory Open Access Journal |
| issn | 1844-7007 |
| language | English |
| last_indexed | 2024-03-11T13:26:47Z |
| publishDate | 2023-04-01 |
| publisher | Academica Brâncuşi |
| record_format | Article |
| series | Analele Universităţii Constantin Brâncuşi din Târgu Jiu : Seria Economie |
| spelling | doaj.art-bd1cc1bdfe894d849826271f710f8d9a2023-11-03T06:03:08ZengAcademica BrâncuşiAnalele Universităţii Constantin Brâncuşi din Târgu Jiu : Seria Economie1844-70072023-04-012425THE EFFECT OF ECONOMIC DEVELOPMENT ON PUBLIC DEBT: EMPIRICAL EVIDENCE FROM ROMANIA, CROATIA AND BULGARIAONOFREI MIHAELA0STRACHINARU ALIN VASILE1PROFESSOR DR., ALEXANDRU I. CUZA UNIVERSITY OF IAȘI, ROMANIA FINANCE DEPARTMENTPHD., ALEXANDRU I. CUZA UNIVERSITY OF IAȘI, ROMANIAicts etc.) some similar countries, from economic development point of view, such Romania, Bulgaria and Croatia have encountered difficulties in managing macroeconomic indicators with a pronounced impact on the public debt. The study captures an economic overview of this three countries, for years 2009 - 2021, with a quarterly frequency, by finding appropriate measures for recovery and sustainable development in the medium and long term. As an analysis tool, V A R - Vector Autoregression Model analyzes the correlation between public debt and gross domestic product, continuing with those macroeconomic indicators which have an significant impact on public debt (gross domestic product, unemployment, investments, house price index).https://www.utgjiu.ro/revista/ec/pdf/2023-02/01_Onofrei.pdfeconomic developmentpublic debtvector autoregression modelmultiple regression. |
| spellingShingle | ONOFREI MIHAELA STRACHINARU ALIN VASILE THE EFFECT OF ECONOMIC DEVELOPMENT ON PUBLIC DEBT: EMPIRICAL EVIDENCE FROM ROMANIA, CROATIA AND BULGARIA Analele Universităţii Constantin Brâncuşi din Târgu Jiu : Seria Economie economic development public debt vector autoregression model multiple regression. |
| title | THE EFFECT OF ECONOMIC DEVELOPMENT ON PUBLIC DEBT: EMPIRICAL EVIDENCE FROM ROMANIA, CROATIA AND BULGARIA |
| title_full | THE EFFECT OF ECONOMIC DEVELOPMENT ON PUBLIC DEBT: EMPIRICAL EVIDENCE FROM ROMANIA, CROATIA AND BULGARIA |
| title_fullStr | THE EFFECT OF ECONOMIC DEVELOPMENT ON PUBLIC DEBT: EMPIRICAL EVIDENCE FROM ROMANIA, CROATIA AND BULGARIA |
| title_full_unstemmed | THE EFFECT OF ECONOMIC DEVELOPMENT ON PUBLIC DEBT: EMPIRICAL EVIDENCE FROM ROMANIA, CROATIA AND BULGARIA |
| title_short | THE EFFECT OF ECONOMIC DEVELOPMENT ON PUBLIC DEBT: EMPIRICAL EVIDENCE FROM ROMANIA, CROATIA AND BULGARIA |
| title_sort | effect of economic development on public debt empirical evidence from romania croatia and bulgaria |
| topic | economic development public debt vector autoregression model multiple regression. |
| url | https://www.utgjiu.ro/revista/ec/pdf/2023-02/01_Onofrei.pdf |
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