期刊名称:Ovidius University Annals: Economic Sciences Series
电子版ISSN:2393-3127
出版年度:2012
卷号:12
期号:1
语种:English
出版社:Ovidius University Press
摘要:In this article,our target is to analyze the effects of fiscal policy on GDP in Romania,using a model based on an unrestricted Vector Autoregression Model (VAR). We used in our research the quarterly data taken from the National Statistics Institute reports and Eurostat. The main independent variables that we have included in our study are: private consumption,governmental debt,gross fixed capital formation,inflation,ROBOR interest rate,governmental consumption and gross domestic product. We have identified the effects of fiscal policy in Romania on the size of GDP after using the impulse function for the VAR type model.