ANALYSIS ON THE IMPACT OF INVESTMENTS, ENERGY USE AND DOMESTIC MATERIAL CONSUMPTION IN CHANGING THE ROMANIAN ECONOMIC PARADIGM
使用柯布-道格拉斯生产函数和向量误差修正模型,评估固定资本、能源使用和国内物质消费对罗马尼亚经济范式变化的影响,发现这些因素在罗马尼亚和欧盟层面都是塑造积极经济政策的关键要素。
The main aim of the paper is to assess the impact of fix capital, energy use and domestic material consumption in changing the inland Romanian economic paradigm, from an economic perspective, using the intensive form of the Cobb-Douglas function. In order to identify various connections of economic growth, sustainable development, energy usage has determined the application of the vector error correction (VEC) model and the implied error correction term (ECT). This method was chosen based on the premise that it has a high degree of applicability and it can be used in order to revile significant aspects terms of indicator significance and displays. The results obtained during the research confirm that both in Romania and at EU-28 level there are determinant and significant elements shaping a proactive economic policy.