A PANEL DATA ANALYSIS ON THE DETERMINANTS OF FINANCIAL EQUILIBRIUM IN ROMANIAN COUNTIES

A PANEL DATA ANALYSIS ON THE DETERMINANTS OF FINANCIAL EQUILIBRIUM IN ROMANIAN COUNTIES

The article draws on how public debt influences financial equilibrium of six Romanian counties during a time span of one decade (2007–2016). By means of panel data analyses conducted via panel estimated generalized least squares with cross-section weights, empirial results obtained on financial da...

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Main Author: BATRANCEA LARISSA
Format: Article
Language:English
Published: Academica Brâncuşi 2021-02-01
Series:Analele Universităţii Constantin Brâncuşi din Târgu Jiu : Seria Economie
Subjects:
public debt
financial equilibrium
liquidity
solvency
Online Access:https://www.utgjiu.ro/revista/ec/pdf/2021-01/06_Batrancea.pdf
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spelling doaj-8e3f349ab5294905af6ef9b2ad4af76a2021-09-28T09:54:38ZengAcademica BrâncuşiAnalele Universităţii Constantin Brâncuşi din Târgu Jiu : Seria Economie 1844-70072021-02-01114752A PANEL DATA ANALYSIS ON THE DETERMINANTS OF FINANCIAL EQUILIBRIUM IN ROMANIAN COUNTIESBATRANCEA LARISSA0BABES-BOLYAI UNIVERSITY CLUJ-NAPOCA, FACULTY OF BUSINESS, ROMANIAThe article draws on how public debt influences financial equilibrium of six Romanian counties during a time span of one decade (2007–2016). By means of panel data analyses conducted via panel estimated generalized least squares with cross-section weights, empirial results obtained on financial data measuring public det, current liquidity and solvency revealed a strong relationship between these indicators. Both short-term and long-term financial equilibria were significantly determined by public debt indicators. Insights provided by this study could assist public authorities at county level in implementing efficient strategies that aim to maintain the financial equilibrium of public institutions and best serve citizens’ interests. https://www.utgjiu.ro/revista/ec/pdf/2021-01/06_Batrancea.pdfpublic debtfinancial equilibriumliquiditysolvency
collection DOAJ
language English
format Article
sources DOAJ
author BATRANCEA LARISSA
spellingShingle BATRANCEA LARISSA
A PANEL DATA ANALYSIS ON THE DETERMINANTS OF FINANCIAL EQUILIBRIUM IN ROMANIAN COUNTIES
Analele Universităţii Constantin Brâncuşi din Târgu Jiu : Seria Economie
public debt
financial equilibrium
liquidity
solvency
author_facet BATRANCEA LARISSA
author_sort BATRANCEA LARISSA
title A PANEL DATA ANALYSIS ON THE DETERMINANTS OF FINANCIAL EQUILIBRIUM IN ROMANIAN COUNTIES
title_short A PANEL DATA ANALYSIS ON THE DETERMINANTS OF FINANCIAL EQUILIBRIUM IN ROMANIAN COUNTIES
title_full A PANEL DATA ANALYSIS ON THE DETERMINANTS OF FINANCIAL EQUILIBRIUM IN ROMANIAN COUNTIES
title_fullStr A PANEL DATA ANALYSIS ON THE DETERMINANTS OF FINANCIAL EQUILIBRIUM IN ROMANIAN COUNTIES
title_full_unstemmed A PANEL DATA ANALYSIS ON THE DETERMINANTS OF FINANCIAL EQUILIBRIUM IN ROMANIAN COUNTIES
title_sort panel data analysis on the determinants of financial equilibrium in romanian counties
publisher Academica Brâncuşi
series Analele Universităţii Constantin Brâncuşi din Târgu Jiu : Seria Economie
issn 1844-7007
publishDate 2021-02-01
description The article draws on how public debt influences financial equilibrium of six Romanian counties during a time span of one decade (2007–2016). By means of panel data analyses conducted via panel estimated generalized least squares with cross-section weights, empirial results obtained on financial data measuring public det, current liquidity and solvency revealed a strong relationship between these indicators. Both short-term and long-term financial equilibria were significantly determined by public debt indicators. Insights provided by this study could assist public authorities at county level in implementing efficient strategies that aim to maintain the financial equilibrium of public institutions and best serve citizens’ interests.
topic public debt
financial equilibrium
liquidity
solvency
url https://www.utgjiu.ro/revista/ec/pdf/2021-01/06_Batrancea.pdf
work_keys_str_mv AT batrancealarissa apaneldataanalysisonthedeterminantsoffinancialequilibriuminromaniancounties
AT batrancealarissa paneldataanalysisonthedeterminantsoffinancialequilibriuminromaniancounties
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