Principal Components Model Of The Romanian Economy. Gdp – Production Side
The paper estimates a medium-term forecasting model used to generate short-term series of the quarterly GDP. The GDP used was computed using the production decomposition method in accordance with the national accounts, and the data were generated by applying the principal components analysis and econometric techniques on monthly data. The results of the model were compared with the data published by the Romanian National Institute of Statistics, and, generally, the differences between the actual and the estimated data were a consequence of the fact that in the Romanian economy there were few representative monthly series that had a direct influence on the quarterly national accounts indicators. (* This paper was prepared for the international workshop within the program Improvement of Economic Policy through Think Tank Partnership”, held in Bucharest, Romania, on October 27-29, 2003, and is part of a grant by the U.S. Agency for International Development for the project “Mechanisms of Long-term Growth in the Economies in Transition (Cases of Russia and Romania)”. The research partners of this project were Global Insight (former DRI-WEFA – USA), the Institute of Economic Forecasting (Romania) and the Center for Macroeconomic Analysis and Short-term Economic Forecasting (Russian Federation). This publication was made possible through support provided by the Moscow Office of the U.S. Agency for International Development, under the terms of Contract No. PCE-I-00-00-00014-00. The options, findings and conclusions or recommendations expressed herein are those of the authors and do not necessarily reflect the views of the U.S. Agency for International Development).
To our knowledge, this item is not available for
download. To find whether it is available, there are three
1. Check below under "Related research" whether another version of this item is available online.
2. Check on the provider's web page whether it is in fact available.
3. Perform a search for a similarly titled item that would be available.
Volume (Year): 1 (2004)
Issue (Month): 5 ()
|Contact details of provider:|| Postal: Casa Academiei, Calea 13, Septembrie nr.13, sector 5, Bucureşti 761172|
Phone: 004 021 3188148
Fax: 004 021 3188148
Web page: http://www.ipe.ro/
More information through EDIRC
When requesting a correction, please mention this item's handle: RePEc:rjr:romjef:v:1:y:2004:i:5:p:52-66. See general information about how to correct material in RePEc.
For technical questions regarding this item, or to correct its authors, title, abstract, bibliographic or download information, contact: (Corina Saman)
If you have authored this item and are not yet registered with RePEc, we encourage you to do it here. This allows to link your profile to this item. It also allows you to accept potential citations to this item that we are uncertain about.
If references are entirely missing, you can add them using this form.
If the full references list an item that is present in RePEc, but the system did not link to it, you can help with this form.
If you know of missing items citing this one, you can help us creating those links by adding the relevant references in the same way as above, for each refering item. If you are a registered author of this item, you may also want to check the "citations" tab in your profile, as there may be some citations waiting for confirmation.
Please note that corrections may take a couple of weeks to filter through the various RePEc services.