bars curve in romanian economy

Clicks: 276
ID: 179139
2015
The paper is consacrated to the binomial “public budget-global output” from the BARS curve perspective. The first section characterizes the main conceptual premises of this approach. The second is devoted to empirical analysis, using the statistical data (1990- 2013) for Romania, an European emergent economy: three cointegrating regressions (fully modified least squares, canonical cointegrating regression and dynamic least squares) and three algorithms based on instrumental variables (two-stage least squares, generalized method of moments, and limited information maximum likelihood) are used. Some conclusions are presented.
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Authors ;Emilian Dobrescu
Journal international journal of algebra and computation
Year 2015
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