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Non-Observed Economy In Romania

Author

Listed:
  • Ivan Ungureanu, Clementina

    () (Institute for Economic Forecasting, Romanian Academy, Bucharest)

Abstract

The author’s main goal was not to estimate separately various components of the non-observed economy, but to ensure exhaustive and reliable estimates of the GDP as one of the most important indicators of the economic activities. The present methodology is the result of intensive research in this field taking into account the peculiarity of the Romanian economy. Romania, like other transition countries, must consider the requirements of ensuring the GDP exhaustiveness and comparability when they act to adjust and improve their own statistical systems, the responsibility on this matter lying not only with national accountants but with the entire statistical office of that country.

Suggested Citation

  • Ivan Ungureanu, Clementina, 2000. "Non-Observed Economy In Romania," Journal for Economic Forecasting, Institute for Economic Forecasting, vol. 0(3), pages 75-84, December.
  • Handle: RePEc:rjr:romjef:v::y:2000:i:3:p:75-84
    as

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    More about this item

    Keywords

    non-observed economy; transition; GDP;

    JEL classification:

    • E26 - Macroeconomics and Monetary Economics - - Consumption, Saving, Production, Employment, and Investment - - - Informal Economy; Underground Economy
    • O17 - Economic Development, Innovation, Technological Change, and Growth - - Economic Development - - - Formal and Informal Sectors; Shadow Economy; Institutional Arrangements

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