The Relevance of the Rural – Urban Covergence Based on a New Method of Price Shears’ in Romanian Economy

Gheorghe Săvoiu, Laurentiu Tachiciu and Vasile Dinu
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Laurentiu Tachiciu: Academy of Economic Studies, Bucharest

Romanian Statistical Review Supplement, 2013, vol. 61, issue 2, 49-54

Abstract: The authors of this paper had tried to answer to some major questions about the importance and the consequences of the contemporary prices shear in the Romaniana economy. How important could be the consumer price index (CPI) in today’s Romanian market economy? Could the current prices shear revealed by the structural inflation indexes be a real instrument for a rural and urban ceconomic convergence in Romania? The method of price shears used for the first time in contemporary Romanian economy, based on its new statistical instrument and indices for inflation’s evaluation allows a significant turning to account of the inflation rural / urban disparities, whose statistical and economic consequences are very important today. The methodology of this paper is predominantly statistical, highlighting the qualities of the current Romanian interpreter index of consumer prices, focusing on the strengths of its practical utility and specificity.

Keywords: consumer price index (CPI) the goods – services price shears; inflation; interpreter index; matrix of correlations (search for similar items in EconPapers)
JEL-codes: E31 O18 (search for similar items in EconPapers)
Date: 2013
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Persistent link: https://EconPapers.repec.org/RePEc:rsr:supplm:v:61:y:2013:i:2:p:49-54

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