EuroEconomica, Vol 23, No 2 (2009)

The effects of fiscal-budgetary measures upon GDP, private consumption and investments – a VAR analysis

Florian Marcel Nuță, Alina Cristina Nuță, Doinița Ariton, Carmen Gabriela Sîrbu


In this article we intend to characterize the dynamic effects of shocks in government expenditure (treated and components such as public spending for economic activities, social and cultural costs) and tax revenues of consolidated budget on economic activity in Romania the years 1999-2007, expressed by GDP,
private consumption, investments.


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