A FINANCIAL PROGRAMMING MODEL - REPRESENTATIVE INDICATORS AND SCENARIOS

STANICA Nicolae Cristian, Romanian Academy, Bucharest

Abstract:
The article presents the limitations and advantages of a financial programming model applied to Romania's case in order to draw up economic growth scenarios under the government policies conditions. This type of financial programming model gives the best forecasting results for the economies facing periodic restructuring or in case of shifting from economic expansion period to crisis period. The use of models during such instability periods is necessary rather for testing the policies' impact on the economy evolution in the short run than for pointing out the medium-term evolution trends.

Keywords: financial programming, government policies, taxation bases

JEL Classification: E17, E27, E62, H61, H68

Volume: 65, Issue: 1

Pages: 7 - 20

Publication date: , 2013

Download the article: http://economice.ulbsibiu.ro/revista.economica/archive/65101stanica.pdf

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