THE INTERNATIONAL ROLE OF THE EURO AND IMPLICATIONS ON ROMANIAN GDP. CASE STUDY: VÂLCEA COUNTY

Camelia Marin (), Isabella Sima (), Mihaela Ruxanda and Manole Sorin
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Manole Sorin: “CONSTANTIN BRÂNCOVEANU” UNIVERSITY – RÂMNICU VÂLCEA, UNIVERSITY OF BUCHAREST

Anale. Seria Stiinte Economice. Timisoara, 2012, vol. XVIII/Supplement, 280-288

Abstract: In the present article we plan to look into how the relationship between the single currency, the Euro, and the gross domestic product of our country, particularly focusing specifically on us gross domestic product of Vâlcea County. To achieve this we considered it necessary to analyze the role of the Euro as an international currency, and to present the evolution of the exchange rate between the Euro and our national currency, the Leu, and eventually we realized a model forecast of GDP for the period 1995-2009, Vâlcea County. Perhaps at first sight there is not a clear link between the Euro and the gross domestic product of a county in Romania, but taking into account that in 2007 we are part of the great family of the European Union, we thought it would be interesting to follow and this aspect

Keywords: Euro; GDP; exchange rate; regression model; forecast (search for similar items in EconPapers)
JEL-codes: F15 (search for similar items in EconPapers)
Date: 2012
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Citations: View citations in EconPapers (2)

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