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  • 标题:A PANEL DATA ANALYSIS ON THE DETERMINANTS OF FINANCIAL EQUILIBRIUM IN ROMANIAN COUNTIES
  • 本地全文:下载
  • 作者:BATRANCEA LARISSA
  • 期刊名称:Analele Universităţii Constantin Brâncuşi din Târgu Jiu : Seria Economie
  • 印刷版ISSN:1844-7007
  • 出版年度:2021
  • 期号:1
  • 页码:47-52
  • 语种:English
  • 出版社:Academica Brâncuşi
  • 摘要: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.
  • 关键词:public debt;financial equilibrium;liquidity;solvency
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