The Estimation of the Structural Budgetary Deficit for Romania in the Context of Accession to the Euro Zone

The Estimation of the Structural Budgetary Deficit for Romania in the Context of Accession to the Euro Zone

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Romania is preparing to enter a superior stage of integration - the admission in the euro zone. In this context, the study estimates the structural budgetary deficit, considering it as being one of the most relevant indicators to evaluate the performance of the fiscal management, as well as the degr...

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Bibliographic Details
Main Authors: Aura-Gabriela Socol, Bogdan Chiriacescu
Format: Article
Language:English
Published: General Association of Economists from Romania 2008-03-01
Series:Theoretical and Applied Economics
Subjects:
Potential GDP
output gap
elasticities of revenues and expenditures in relation with GDP
the production function approach
Hodrick-Prescott filter
cyclical budgetary deficit
structural budgetary deficit
Online Access: http://store.ectap.ro/articole/290.pdf

Internet

http://store.ectap.ro/articole/290.pdf

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