Defining Public Debt and External Debt and Revealing Their Statistical Trends and Econometric Models

Gheorghe Săvoiu and Luiza Apostol
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Luiza Apostol: University of Pitesti, Faculty of Economic Sciences

Romanian Statistical Review Supplement, 2013, vol. 61, issue 4, 93-104

Abstract: The reminder of this paper is the following: the first section of the paper defines public and external debt, and underlines the significances of these basic concepts in modern and global economy, describing some specific and distinct conceptual areas for the both notions, revealing statistical trends and using statistical indices or relative indicators during the second section, and finally proposuing some mathematical solutions statistically tested in the complex notions of debts’ econometric models. Some final remarks highlight the value of the two concepts in contemporary economy of Romania as exogenous variables in the two central sections. The paper remains an original one originality, and its originality consists of its precisely manner in addressing Romania’s public and external debt in a simultaneously aggregated and transdisciplinary and conceptual way or research and thinking.

Keywords: debt; public debt; gross or net external debt; the clock of the global public debt; uni and multi factorial econometric model; E-Views (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:4:p:93-104

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