Prospects for the Evolution of the Economic Sectors’ Behavior

Cornelia Scutaru, Petre Fomin and Cristian Stanica
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Petre Fomin: Institute for Economic Forecasting, Romanian Academy
Cristian Stanica: Institute for Economic Forecasting, Romanian Academy

Journal for Economic Forecasting, 2010, issue 5, 120-142

Abstract: This paper is a synthesis of the research results obtained over the interval 2008- 20094. The problem we addressed was the following: how the evolution of an economic sector’s output was influenced when an exogenous shock occurred within its basic factors, namely the received intermediate consumptions, wage remuneration, taxes on products, gross fixed capital formation, foreign trade (expressed through the ratio of the sector’s imports to exports). The most significant distortions that may determine in circumstances of crisis severe disturbances in the functioning of the economic system were signaled.

Keywords: economic sectors; exogenous shock; macroeconomic simulations (search for similar items in EconPapers)
JEL-codes: C67 (search for similar items in EconPapers)
Date: 2010
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Citations: View citations in EconPapers (1)

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Persistent link: https://EconPapers.repec.org/RePEc:rjr:romjef:v::y:2010:i:5:p:120-142

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