A Discussion Regarding the Armey Model Validity for Romania

Pages:173-180
Author:Alina Cristina Nuta - Florian Nuta
Position::Senior Lecturer, PhD, 'Danubius' University of Galati, Faculty of Economic Sciences, Romania - Senior Lecturer, PhD, 'Danubius' University of Galati, Faculty of Economic Sciences, Romania
SUMMARY

In this paper we analyze whether the Romanian economic context confirms the Armey model, and present the relationship between public spending and economic growth that may offer a suitable basis for decision makers. The analysis is based on quarterly data regarding public spending and economic growth in Romania. The analytic results did not confirm the premises related to the Armey Curve for the... (see full summary)


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