A Dynamic Intersectional Model Integrating the Technical Coefficients Matrix for the Romanian Economy

The paper develops a dynamic intersectional model that captures the structure of the Romanian economy as reflected in the technical coefficients matrix. The interdependencies between the firms in the model are described by the technical coefficients matrix for 15 sectors. The sectors are the results of grouping the economic activities by aggregating the extended input-output tables for Romania. Specific behaviour functions and characteristics are defined for the firms and the employees to model their interaction on the goods and services market. Some simulations are presented at the end of the paper to test the validity of the model outcomes in relation to the economic theory.