“THE ST. LOUIS” MODEL USED IN THE ANALYSIS OF THE ROMANIAN ECONOMY

Mirela Diaconescu (), Mihai Diaconescu () and Liviu-Stelian Begu ()
Additional contact information
Mirela Diaconescu: The Bucharest University of Economic Studies Bucharest
Mihai Diaconescu: The Bucharest University of Economic Studies Bucharest
Liviu-Stelian Begu: The Bucharest University of Economic Studies Bucharest, Department of Statistics and Econometrics

Journal of Social and Economic Statistics, 2014, vol. 3, issue 1, 53-60

Abstract: The paper is intended to be primarily a factual developments illustrate the main economic indicators in the context of Romania's crisis by creating a digital picture to illustrate the main effects of the country. We proposed the application of an econometric model using as a set of macroeconomic indicators compiled data for Romania for the period 2000 to 2012. This will allow certain scenarios and forecasting developments in the context of model assumptions (2013-2014). The St. Louis model can be used successfully in forecasting the Romanian economy. Another issue raised by the paper is related to the validity of the model used and how plausible conclusions can be reached after application.

Keywords: crisis; econometric model; endogenous variables; exogenous variables (search for similar items in EconPapers)
JEL-codes: E01 E17 E20 E32 E40 (search for similar items in EconPapers)
Date: 2014
References: View references in EconPapers View complete reference list from CitEc
Citations:

Downloads: (external link)
http://jses.ase.ro/downloads/Vol3NO1/begu.pdf (application/pdf)

Related works:
This item may be available elsewhere in EconPapers: Search for items with the same title.

Export reference: BibTeX RIS (EndNote, ProCite, RefMan) HTML/Text

Persistent link: https://EconPapers.repec.org/RePEc:aes:jsesro:v:3:y:2014:i:1:p:53-60

Access Statistics for this article

Journal of Social and Economic Statistics is currently edited by Zizi Goschin

More articles in Journal of Social and Economic Statistics from Bucharest University of Economic Studies Contact information at EDIRC.
Bibliographic data for series maintained by Bogdan-Vasile Ileanu ().