An analysis of the turnover index evolution in metallurgy during 2000-2012, the case of Romania

Abstract

The economic crisis has left its mark on metallurgical activities, which have declined significantly with lasting implications. The magnitude of the economic crisis and its influence on industries on long-term trends is different. The research carried out shows that for the evolution of metallurgy in January 2000 - November 2012, a valid model was not identified to describe the indices of turnover of the entire period, due to the discontinuity caused by the economic crisis. But there can be generated models of the evolution of annual turnover indexes for the period which precedes the economic crisis and models of evolution of value indexes of turnover in the period after the economic crisis.

Keywords

• metallurgy
• economic crisis
• turnover
• Romania
• ARIMA models