Theoretical and Applied Economics
No. 3 / 2022 (632), Autumn
Fiscal and monetary policy effects on economic growth in Romania (1990-2020)
Ismail AMANI
University of Oran 2 Mohamed ben Ahmed, Algeria
Brahim BOUYACOUB
University of Oran 2 Mohamed ben Ahmed, Algeria
University of Oran 2 Mohamed ben Ahmed, Algeria
Brahim BOUYACOUB
University of Oran 2 Mohamed ben Ahmed, Algeria
Abstract. This research paper aims to assess the impact of both fiscal and monetary policy on economic growth in Romania. Hence, an empirical model elaborated and estimated by ARDL method covering a period between 1990 and 2020. Results show that fiscal policy has a significant positive impact on growth in both short and long run while monetary policy has a positive impact on economic growth only in short term. To notice a negative impact of inflation in both short and long term enhancing the role of monetary policy.
Keywords: fiscal, monetary, ARDL, growth, Romania.
Download the full article: 
Contents
- Financial development and public debt.
Estimating the role of institutional quality
Qamar ABBAS
Muhammad RAMZAN
Sumbal FATIMA
- An econometric approach
to analyse the perceived cartel behaviour of OPEC
C.R. BISHNOI
Apeksha SHARMA
- Global Competitiveness Index 4.0
and export performances of the European economies
Alem MERDIĆ
Kadrija HODŽIĆ
- Multifractal analysis of equities.
Evidence from the emerging and frontier banking sectors
Akash P. POOJARI
Siva Kiran GUPTHA
G Raghavender RAJU
- Using automated systems to run a modern state
and benchmarking the solution with advanced indicators
Dumitru Alexandru BODISLAV
- Health expenditure, life expectancy, fertility rate,
CO2 emissions and economic growth
Do public, private and external health expenditure matter?
Mahmoud M. SABRA
- The economic effects of working remotely:
causes and implications
Silvia-Elena IACOB
Rareș-Mihai NIȚU
Radu-Alexandru BUDU
- Measuring financial inclusion and its present status
in South Asian countries.
Evidence from a multidimensional Financial Inclusion Index
Susanta Kumar SETHY
Phanindra GOYARI
- The effects of exchange rate changes on the bilateral trade
balances between the MENA country group and France:
empirical evidences based on non-linear ARDL approach
Hande Aksoz YILMAZ
- Postmodernism and communication in education.
European funds for combatting school dropout in Romania
Elvira Alexandra GHERASIM
- Fiscal and monetary policy effects on economic growth
in Romania (1990-2020)
Ismail AMANI
Brahim BOUYACOUB
- Economic growth at the expense of technology
Constantin ANGHELACHE
Mădălina-Gabriela ANGHEL
Stefan Virgil IACOB
Dana Luiza GRIGORESCU
- Inflation seriously affects the standard of living
of the population
Constantin ANGHELACHE
Mădălina-Gabriela ANGHEL
Stefan Virgil IACOB
Cristian Marius RĂDUT
Denis-Arthur STRIJEK
