ESTIMATING THE OUTPUT GAP FOR ROMANIA’S ECONOMY
In this research paper the authors try to estimate Romania’s Output Gap and how the country managed to evolve, from the given chronological perspective, in parallel with the estimated potential Output Gap. Romania started to feel the heat of the economic crisis at almost three quarters after the Ame...
| Main Authors: | , |
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| Format: | Article |
| Language: | English |
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Faculty of Economic Sciences, Hyperion University, Bucharest, Romania
2014-12-01
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| Series: | Hyperion Economic Journal |
| Subjects: | |
| Online Access: | http://hej.hyperion.ro/articles/4(2)_2014/HEJ%20nr4(2)_2014_A2Belingher.pdf |
| _version_ | 1819238749551198208 |
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| author | Belingher Daniel Bodislav Dumitru-Alexandru |
| author_facet | Belingher Daniel Bodislav Dumitru-Alexandru |
| author_sort | Belingher Daniel |
| collection | DOAJ |
| description | In this research paper the authors try to estimate Romania’s Output Gap and how the country managed to evolve, from the given chronological perspective, in parallel with the estimated potential Output Gap. Romania started to feel the heat of the economic crisis at almost three quarters after the American economy started its decline, but when it comes to the economy’s Output Gap, the country macro-behaved with a pace somehow differentiated in parallel with the global economy. Where was Romania and where it is heading that is the question that this research paper tries to answer from macroeconomic perspective. |
| first_indexed | 2024-12-23T13:41:10Z |
| format | Article |
| id | doaj.art-d48f6e27e7ca4e0989c2a334dba1b4b6 |
| institution | Directory Open Access Journal |
| issn | 2343-7995 2343-7995 |
| language | English |
| last_indexed | 2024-12-23T13:41:10Z |
| publishDate | 2014-12-01 |
| publisher | Faculty of Economic Sciences, Hyperion University, Bucharest, Romania |
| record_format | Article |
| series | Hyperion Economic Journal |
| spelling | doaj.art-d48f6e27e7ca4e0989c2a334dba1b4b62022-12-21T17:44:51ZengFaculty of Economic Sciences, Hyperion University, Bucharest, RomaniaHyperion Economic Journal2343-79952343-79952014-12-01241218ESTIMATING THE OUTPUT GAP FOR ROMANIA’S ECONOMYBelingher Daniel0Bodislav Dumitru-Alexandru1Institute for Economic Forecasting, The Romanian AcademyBucharest University of Economic StudiesIn this research paper the authors try to estimate Romania’s Output Gap and how the country managed to evolve, from the given chronological perspective, in parallel with the estimated potential Output Gap. Romania started to feel the heat of the economic crisis at almost three quarters after the American economy started its decline, but when it comes to the economy’s Output Gap, the country macro-behaved with a pace somehow differentiated in parallel with the global economy. Where was Romania and where it is heading that is the question that this research paper tries to answer from macroeconomic perspective.http://hej.hyperion.ro/articles/4(2)_2014/HEJ%20nr4(2)_2014_A2Belingher.pdfoutput gapGDPTFPCobb-Douglas function |
| spellingShingle | Belingher Daniel Bodislav Dumitru-Alexandru ESTIMATING THE OUTPUT GAP FOR ROMANIA’S ECONOMY Hyperion Economic Journal output gap GDP TFP Cobb-Douglas function |
| title | ESTIMATING THE OUTPUT GAP FOR ROMANIA’S ECONOMY |
| title_full | ESTIMATING THE OUTPUT GAP FOR ROMANIA’S ECONOMY |
| title_fullStr | ESTIMATING THE OUTPUT GAP FOR ROMANIA’S ECONOMY |
| title_full_unstemmed | ESTIMATING THE OUTPUT GAP FOR ROMANIA’S ECONOMY |
| title_short | ESTIMATING THE OUTPUT GAP FOR ROMANIA’S ECONOMY |
| title_sort | estimating the output gap for romania s economy |
| topic | output gap GDP TFP Cobb-Douglas function |
| url | http://hej.hyperion.ro/articles/4(2)_2014/HEJ%20nr4(2)_2014_A2Belingher.pdf |
| work_keys_str_mv | AT belingherdaniel estimatingtheoutputgapforromaniaseconomy AT bodislavdumitrualexandru estimatingtheoutputgapforromaniaseconomy |