Analysis of the Correlations Between Public Capital Investments and Economic Development in Romania

Anca Sava; Bogdan Zugravu

doi:10.29358/sceco.v0i15.107

Analysis of the Correlations Between Public Capital Investments and Economic Development in Romania

Authors

Anca Sava
Bogdan Zugravu

DOI:

https://doi.org/10.29358/sceco.v0i15.107

Keywords:

public capital investment, economic development, the general consolidated budget

Abstract

This article aims to address the correlations between public capital investments and economic development in Romania. Firstly, it presents a brief literature review on the subject proposed for analysis, under which it can be assumed that public capital investments have a positive impact on production, employment, private sector and thus contribute to economic development. Also, we found some heterogeneity of results across country, regions and sectors. Secondly, it analysis the evolution of public capital investments and gross domestic product during 2006-2009 and also tests the relationship between this two variables, using a correlation coefficient, based on data from the general consolidated budget provided by The Ministry of Public Finance and also statistical data on GDP from National Institute of Statistics.

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Published

15.12.2010

Issue

No. 15 (2010)

Section

Articles

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How to Cite

Sava, A., & Zugravu, B. (2010). Analysis of the Correlations Between Public Capital Investments and Economic Development in Romania. Studies and Scientific Researches. Economics Edition, 15. https://doi.org/10.29358/sceco.v0i15.107