Work

Models of the Intra-regional Trade Influence on Economic Sustainable Development in Romania

Year: 2010
Type: article
Abstract: This paper estimates the impact of trade between Romania and EU (export and imports) on sustainable development (defined through the following ratios: GDP growth and employment level) using dynamic forecasting and vector auto-regression (VAR) methods. Logistic regression forecasts the evolution of the GDP based on the evolution of exports and imports in the light of the Lisbon agenda, and the time horizon of 2010. Using data regarding intra-regional trade, the model may predict the GDP evolution, and, consequently, the economic sustainable development in Romania, as a new member of European Union.
Language: English
Open Access status: diamond
OpenAlex ID: W1542033919
FWCI: 1.427
Cites: 22
Cited by: 15
Related to: 10