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A Model for Measuring the National Global Performance and Analyzing its Determinants – The Case of Romania

Author

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  • Herciu, Mihaela

    (“Lucian Blaga” University of Sibiu, Romania)

  • Ogrean, Claudia

    (“Lucian Blaga” University of Sibiu, Romania.)

Abstract

Interdependencies – in time and in space – between (the most) different phenomena and processes, as well as entities (at global – national – local/regional – firm level) – characterize all the domains and levels of the society and humankind. The main idea and the general purpose of the paper is to measure and to compare in terms of a unique, definitive and comprehensive index – diachronically and synchronically – a country’s (national global) performance (the National Global Performance Index), especially and particularly for Romania, in order to position it properly among the other countries, on one hand, and to analyze dynamically its determinants, on the other hand

Suggested Citation

  • Herciu, Mihaela & Ogrean, Claudia, 2011. "A Model for Measuring the National Global Performance and Analyzing its Determinants – The Case of Romania," Journal for Economic Forecasting, Institute for Economic Forecasting, vol. 0(4), pages 163-177, December.
    • Handle: RePEc:rjr:romjef:v::y:2011:i:4:p:163-177
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    References listed on IDEAS

    as
    1. Maria Cracolici & Miranda Cuffaro & Peter Nijkamp, 2010. "The Measurement of Economic, Social and Environmental Performance of Countries: A Novel Approach," Social Indicators Research: An International and Interdisciplinary Journal for Quality-of-Life Measurement, Springer, vol. 95(2), pages 339-356, January.
    2. Cene Bavec, 2007. "Interdependence Between Social Values and National Performance Indicators: The Case of the Enlarged European Union," Managing Global Transitions, University of Primorska, Faculty of Management Koper, vol. 5(3), pages 213-228.
    3. Michael Freudenberg, 2003. "Composite Indicators of Country Performance: A Critical Assessment," OECD Science, Technology and Industry Working Papers 2003/16, OECD Publishing.
    4. Silvia Iranzo, 2008. "Delving into country risk," Occasional Papers 0802, Banco de España.
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    Cited by:

    1. Savoiu, Gheorghe & Dinu, Vasile & Ciuca, Suzana, 2013. "Foreign Direct Investment based on Country Risk and other Macroconomic Factors. Econometric Models for Romanian Economy," Journal for Economic Forecasting, Institute for Economic Forecasting, vol. 0(1), pages 39-61, March.

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    More about this item

    Keywords

    index of economic freedom; global competitiveness index; country risk classification; knowledge economy index; human development index; national global performance index; discriminative analyzing technique;
    All these keywords.

    JEL classification:

    • E27 - Macroeconomics and Monetary Economics - - Consumption, Saving, Production, Employment, and Investment - - - Forecasting and Simulation: Models and Applications
    • E66 - Macroeconomics and Monetary Economics - - Macroeconomic Policy, Macroeconomic Aspects of Public Finance, and General Outlook - - - General Outlook and Conditions
    • O57 - Economic Development, Innovation, Technological Change, and Growth - - Economywide Country Studies - - - Comparative Studies of Countries

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