Applying the Dufournaud econometric model to the determination of the prices dynamics impact over the national economy and over its main vulnerable sectors in connection with the Romanian national economy specificity
In economics, a model represents an abstract, formal image of a phenomenon, process or economic system. It is built by symbolically reproducing the economic theory and by getting new information regarding the behavior of the objective being investigated. In economic theory there are several integrat...
| Main Authors: | , , |
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| Format: | Article |
| Language: | English |
| Published: |
General Association of Economists from Romania
2008-09-01
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| Series: | Theoretical and Applied Economics |
| Subjects: | |
| Online Access: |
http://store.ectap.ro/articole/332.pdf
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| Summary: | In economics, a model represents an abstract, formal image of a
phenomenon, process or economic system. It is built by symbolically reproducing
the economic theory and by getting new information regarding the
behavior of the objective being investigated. In economic theory there are
several integrated econometric models meant to underline the interdependency
between the branches of a national economy by the public utilities services,
especially those connected to energy. The present article presents the first results
of our efforts of building an econometric model adapted to the specificity
of the Romanian economy, that would underline the impact of the prices modification
for public utilities on the Romanian economy as a hole, on the competitiveness
of Romanian companies and on the inflation. |
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| ISSN: | 1841-8678 1844-0029 |