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• W3044973445 abstract "This research aims to provide an explanatory analyses of the business cycles divergence between Euro Area and Romania, respectively its drivers, since the synchronisation of output-gaps is one of the most important topic in the context of a potential EMU accession. According to the estimates, output-gaps synchronisation entered on a downward path in the subperiod 2010-2017, compared to 2002-2009. The paper demonstrates there is a negative relationship between business cycles divergence and three factors (economic structure convergence, wage structure convergence and economic openness), but also a positive relationship between it and its autoregressive term, respectively the GDP per capita convergence." @default.
• W3044973445 created "2020-07-29" @default.
• W3044973445 creator A5058284030 @default.
• W3044973445 date "2020-07-20" @default.
• W3044973445 modified "2023-09-27" @default.
• W3044973445 title "Examining the drivers of business cycle divergence between Euro Area and Romania." @default.
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• W3044973445 hasPublicationYear "2020" @default.
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