PATTERNS OF PRICE CONVERGENCE IN ROMANIA AND THE EUROPEAN UNION

被引：0
|
作者：
Mare, Codruta [1 ,2 ]
Pop, Larisa Nicoleta [1 ]
机构：
[1] Univ Babes Bolyai, Fac Econ & Business Adm, Dept Stat Forecasts Math, Cluj Napoca, Romania
[2] Romanian Acad, Bucharest, Romania
来源：
CRISES AFTER THE CRISIS: INQUIRIES FROM A NATIONAL, EUROPEAN AND GLOBAL PERSPECTIVE, VOL I | 2011年
关键词：
price convergence; monetary integration; spatial econometrics; tradable / non-tradable goods;
D O I：
暂无
中图分类号：
F [经济];
学科分类号：
02 ;
摘要：
Although caught in the turmoil of the recent crises, we need to stay focused on the upcoming euro adoption and its implications for Romania. The completion of the convergence criteria implies, among others, the convergence of prices. This study analyzes the price convergence in EU27 through a spatial econometric approach, emphasizing the Romanian situation and the expected price behaviour in the future years, as an important component for monetary policy, investment decisions, uncertainty and risk management. The spatial analysis is expected to reveal spatial dependences in the European Union, offering support for decision making at both political and private level.
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页码：437 / 445
页数：9
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