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SOME CONSIDERATIONS REGARDING THE ECONOMIC CYCLES IN ROMANIA DURING THE 1859-2010 PERIOD

Florin Pavelescu ()

Romanian Journal of Economics, 2013, vol. 36, issue 1(45), 92-113

Abstract: This paper deals with the problem of periodisation of Romania’s economic history during the 1860-2010 period. In order to achieve the objective, several methods are used. A first method is the identification of decennial economic cycles. The second method is to emphasize the impact of economic transitions and other changes in the institutional framework, which Romania has faced during the analysed period in the periodisation of economic history. The third approach is to reveal the advantages of taking into consideration bi-decennial economic cycles for analysis of long-run evolution of the economy of a country.

Keywords: decennial economic cycle; economic transition; bi-decennial economic cycle; institutional framework; functional market economy (search for similar items in EconPapers)
JEL-codes: B41 E30 E32 J11 (search for similar items in EconPapers)
Date: 2013
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Persistent link: https://EconPapers.repec.org/RePEc:ine:journl:v:2:y:2013:i:44:p:92-113

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