Tiberiu, Stoica - In: Ovidius University Annals, Economic Sciences Series XI (2011) 2, pp. 1203-1207
This paper estimates the potential output in Romania using seven structural VAR models. During the period of economic boom the potential GDP growth in Romania was around 6.5 %. The severe economic crisis that started in the last quarter of 2008 generated a significant reduction of the potential...
