Structural aspects of the European Union economy

The paper analyzes the input-output structure of European economy in 2010, based on six main economic sectors, for better characterizing the backward and forward linkages of inter-industrial economic flows. The changes of final demand and of sectoral production can be analyzed in the propagation processes, allowing to know the behavior at macroeconomic level of European economy. The common economic policies at European level can be undertaken to keep the equilibrium between different sectors, to stimulate the sectors with high levels of productivity, to ensure the efficiency of using the resources, and the sustainability of economic development, which are the purposes of a smart development.peer-reviewe

Estimation of economic growth potential in Romania in medium and long term

Economic growth, as an economic process on long term, is influenced by economic, social and politic factors. The objective of this paper is to create a new perspective over the economic growth in Romania from the last twenty years. For this, the determinants of economic growth are analyzed, by emphasizing the existing correlations between the macroeconomic variables which determined the Romanian economic growth in the last twenty years. To substantiate the conclusions, there were used data from Eurostat databases, about the evolution of European Union in its whole, and for Romanian economy, especially, for the period 1995-2014. The evolution of some macroeconomic indicators is studied, as: the value added, income of different categories of workers, production costs of different types of activities. The study emphasizes the changing of economic activity structure in Romania, which favored the economic growth. Also with the structure changing, is shown the impact of technical progress over the economic growth rate. The study can be considered as an applicative scientific paper in the field of research of causes and conditions which determine the economic growth.peer-reviewe

A comparative study on renewable and traditional electricity: The influence of the European Union framework and the impact of COVID-19

By means of the event study approach, we analyse the effect of COVID-19 on listed European renewable and traditional electricity companies, inside and outside the European Union, for the pandemic announcement and lockdowns. We find that the pandemic negatively affected both subsectors of electricity production, but the negative effect was more intense for renewable electricity companies, since they represent a riskier investment. Moreover, this negative effect was larger for European electricity companies than for companies from countries that do not belong to the European Union. Our results show the riskier profile of the clean energy industry together with the importance of a stable and supportive regulatory framework to develop and consolidate renewable energy. Our findings have important implications for policymakers. In addition to the intrinsic risks associated with renewable energy, this type of investment poses policy and regulatory risks, which they should take into account when evaluating future energy policies. Policymakers must be aware of the importance of these specific risks, and seek to respond to investors' expectations about long-term, stable regulations

Sectoral structure of the Romanian economy

The paper analyzes the input-output structure of Romanian economy and the diffusion mechanisms of economic effects in 2010, being the most recent year for which the national symmetric input-output table (SIOT) was available in Eurostat databases. The input-output models for the network of sectoral activities assess the direct and indirect impact on the economy. The shocks such as changes of final demand, changes of production or of input-output technological inter-linkages of sectoral production levels, during the propagation processes influences the impact throughout the economy. The complexity of linkages between economic sectors can be understood with the input-output analyses. This input-output method can show the relevance of diffusion mechanisms in the future behavior of sectors. Knowing the future behavior at macroeconomic level could be useful for the economic policies of different sectors and for keeping the desired equilibrium

Statistical coordinates of organic farming in Romania during the period 2000-2014

The paper emphasizes the importance of developing organic farming in Romania. This sector was not affected by the economic crisis, at the end of 2008, neither in Romania, nor in European Union. The sustainable character of its evolution was doubled by the benefits and the consequences for a better and healthier life of consumers, in the spirit of respecting the principles of environmental and life sustainability. The evolutions of organic areas in Romania in comparison with the level of the European Union, and also of its proportion in the agricultural land, are presented for the period 2000-2014. Some important structural characteristics of organic farming in Romania are analysed for 2011 and 2012, the years when the expansion of organic areas was the highest. These emphasized changes could be the future factors of organic farming development

Recovery after Demerger: Evidence from Romanian Companies

The paper follows the demerger phenomenon in Romania in order to find out whether companies regain their economic performance after reorganization. The research is based on four samples of companies, divided into 2012, 2013, 2014, and 2015, that recorded their financial indicators in the period from 2005–2019. Using the financial indicators of companies that demerged in the same year, we analyzed the economic performances before and after the demergers, using statistical and econometric methods. The model with the fixed effects of the cross sections proved to be the most suitable for each panel, both for the entire analyzed period and for the two subperiods: ante and post demerger. The subperiod models are better than the panel econometric models for the entire period. The results show that all of the Romanian companies recovered after the demergers, and also to what extents. The validities of the econometric models confirm the sustainability of the economic activities after the demergers. This paper provides a study methodology and econometric models to investigate the demerger phenomenon among Romanian companies

Recovery after Demerger: Evidence from Romanian Companies

The paper follows the demerger phenomenon in Romania in order to find out whether companies regain their economic performance after reorganization. The research is based on four samples of companies, divided into 2012, 2013, 2014, and 2015, that recorded their financial indicators in the period from 2005–2019. Using the financial indicators of companies that demerged in the same year, we analyzed the economic performances before and after the demergers, using statistical and econometric methods. The model with the fixed effects of the cross sections proved to be the most suitable for each panel, both for the entire analyzed period and for the two subperiods: ante and post demerger. The subperiod models are better than the panel econometric models for the entire period. The results show that all of the Romanian companies recovered after the demergers, and also to what extents. The validities of the econometric models confirm the sustainability of the economic activities after the demergers. This paper provides a study methodology and econometric models to investigate the demerger phenomenon among Romanian companies

Descriptive statistics.

(DOCX)</p

Fig 2 -

Fig 2 - </p

Fig 1 -

Fig 1 - </p