Showing 1 - 6 of 6
In the last decade Romania’s trade balance experienced substantial deficits. This external disequilibrium which affected the macroeconomic stability could be ameliorated by increasing the exports. Romania’s adhesion to the European Union in January 2007 created new opportunities for the...
Persistent link: https://www.econbiz.de/10014164970
This paper explores the dynamic relations between the Romanian exports and imports using monthly data from January 2005 to March 2009. We test the cointegration and causality between the two variables. The results of Engle-Granger, Johansen and cointegration tests are ambiguous while the...
Persistent link: https://www.econbiz.de/10013099062
This paper explores some particularities of the strategic decisions adopted by the Romanian exporters. We use four case studies in which there are presented such decisions. We conclude that in the actual complex context for the export activity the adaptation capacity is a key factor of success
Persistent link: https://www.econbiz.de/10013099836
This paper explores the dynamic relation between the exports and the gross domestic product from Romania. We employ the Johansen cointegration procedure and the Granger causality test to identify the interactions between the two variables. We find a cointegration relation and a unidirectional...
Persistent link: https://www.econbiz.de/10013099837
The adhesion to the European Union in January 2007 induced significant changes in the Romania's foreign trade. In the new circumstances, the Romanian firms have to face an increased competition, but they could also fructify the opportunities of the European single market. Other changes could...
Persistent link: https://www.econbiz.de/10013099838
This paper approaches the relation between the exchange rate volatility and the Romanian exports to the Euro Area. We employ monthly values of the real exports and the standard deviation of the real exchange rate in a Vector Autoregressive model. We find a negative and weak influence of the...
Persistent link: https://www.econbiz.de/10013096938