A DEMAND-SUPPLY ANALYSIS OF GDP EVOLUTION IN ROMANIA Cover Image

Analiza cerere-oferta a evolutiei PIB in Romania
A DEMAND-SUPPLY ANALYSIS OF GDP EVOLUTION IN ROMANIA

Author(s): Ilie Murarita, George Ciobanu
Subject(s): Economy
Published by: Editura Universitaria Craiova
Keywords: nominal GDP; real GDP; aggregate demand; aggregate supply; growth factors.

Summary/Abstract: This paper aims at identifying and explaining, through a retrospective analysis, GDP fluctuations and tries to evaluate, using the aggregate supply-demand model, the contribution of each structural element in GDP formation and increase. Finally, the article proposes directions of action for continuing the sustainable development of our country and reducing the gaps between Romania and other EU members.

  • Issue Year: XXXVI/2008
  • Issue No: 7
  • Page Range: 3242-3251
  • Page Count: 10
  • Language: English