Papers by Boldeanu Florin Teodor
International Journal of Economic Practices and Theories, 2015
This paper analyzes the correlation between public expenditure for each individual sector and eco... more This paper analyzes the correlation between public expenditure for each individual sector and economic growth for 30 European countries over the period 1991 to 2012 using three econometric methods – ordinary least squares, least square dummy variable and generalized method of moments. In order to test the link between government spending and economic growth, the research uses the United Nation’s Classification of the Functions of Government. By analyzing the sub-branches of public spending, we arrived at the conclusion that most of the public expenditures negatively affected economic growth. Also, the use of dummy variables showed that the recent economic crisis has had a negative effect on the sample states. The European integration didn’t have a big influence on economy, the GDP per capita growing with only 0.03%. The impact of public expenditure on economic growth is very important nowadays because the economic system was changed by the recent events, mainly the global economic ...
The main goal of this study is to contribute to metropolitan economic growth literature by carryi... more The main goal of this study is to contribute to metropolitan economic growth literature by carrying out an analysis for 271 areas located in the EU between 2000 and 2013. For this objective the study uses several panel data estimation techniques, namely the GMM, System GMM and the QML estimation. To check the robustness of the results, the time period is divided in two (post and ante economic crisis) and by splitting the sample of metropolitan regions in two components, the Western more developed regions and the Central and South-Eastern (the formal communist states, except for Cyprus) areas. The results indicate that the industrial, construction and wholesale and retail trade sectors are positively linked with metropolitan growth. The agricultural, fishery and forestry sector is negatively influencing growth. The manufacturing and ITC sectors and migration are not statistically significant. Furthermore population density and size is more important than population growth and Europea...
Changes in fiscal policy have an impact on aggregate demand, the allocation of resources and inco... more Changes in fiscal policy have an impact on aggregate demand, the allocation of resources and income distribution. The present study highlights the impact of fiscal policy on the founding countries of the European Union in the period 2000-2011. The evolution of GDP / capita was explained using the structure of tax revenues, inflation, budget deficit and also qualitative variables like the economic crisis and weather conditions. The results of the analysis indicate that fiscal policy has a significant negative impact on the founding countries of the European Union, in particular through measures taken in respect of value added tax, excise duties, income taxes for households and corporations and quotas on contributions. The budget deficit has no significant influence on economic growth in these developed countries.
The objective of this working paper is to investigate the correlation between private and public ... more The objective of this working paper is to investigate the correlation between private and public sector investment and economic growth in the European Union. The analysis will be made between 1996 and 2012. This was a time of big changes for the European community, by the large number of states that were integrated and also by the turbulent times after the start of the economic crisis in 2008. A better understanding of the influences on economic growth by the public and private sectors will help policy makers in the EU to allocate more efficiently the financial resources. Our research will follow two major paths. One will be concentrated on the impact of the variables at national level and another will try to understand the effects of public and private sectors at regional level. The result of the analysis ought to show the bigger impact of the private sector on growth compared with the influence of public investment.
SERIES V - ECONOMIC SCIENCES
According to the World Travel & Tourism Council, out of 185 countries, Romania holds the 59 th po... more According to the World Travel & Tourism Council, out of 185 countries, Romania holds the 59 th position as regards the relative importance of this sector to the total contribution to GDP. Europe is the most important tourist destination in the world, having the greatest number of international visitors each year and a market share of 51% in 2017. However, Romania is not adaptable enough to attract foreign citizens, losing the competition with the countries in the region and continuing to be a transit country.
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Papers by Boldeanu Florin Teodor