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The Financial Blockage Of The Romania Economy – Part Ii

Author

Listed:
  • Dobrescu, Emilian

    (National Institute of Economic Research, Romanian Academy, Bucharest)

  • Mereuta, Cezar

    (CEMATT, Bucharest)

Abstract

The study covers the ensemble of the active economic agents (313,357) which have filled in their balance sheets for 1999.The data refer both to the national economy’s ensemble and to the two broad groups of economic agents: a) the net debtors whose the claims-arrears balance is negative, and b) the net debtors whose the claims-arrears balance is positive or zero. The authors have searched for an econometric relationship between the claims-arrears balance’s ratio as against turnover and two explanatory variables: the operating result ratio and the liquidity ratio to the monthly operating expenditures.

Suggested Citation

  • Dobrescu, Emilian & Mereuta, Cezar, 2001. "The Financial Blockage Of The Romania Economy – Part Ii," Journal for Economic Forecasting, Institute for Economic Forecasting, vol. 0(1), pages 64-69, June.
    • Handle: RePEc:rjr:romjef:v::y:2001:i:1:p:64-69
    as

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    More about this item

    Keywords

    balance sheet indicators; arrears; financial blockage;
    All these keywords.

    JEL classification:

    • D21 - Microeconomics - - Production and Organizations - - - Firm Behavior: Theory
    • P43 - Political Economy and Comparative Economic Systems - - Other Economic Systems - - - Finance; Public Finance
    • P31 - Political Economy and Comparative Economic Systems - - Socialist Institutions and Their Transitions - - - Socialist Enterprises and Their Transitions

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