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The Main Methodological Elements Regarding The Comparability Of The Result Indicators

Author

Listed:
  • Constantin ANGHELACHE

    (Bucharest University of Economic Studies/„Artifex" University of Bucharest)

  • Madalina-Gabriela ANGHEL

    („Artifex" University of Bucharest)

  • Tudor SAMSON

    (Bucharest University of Economic Studies)

Abstract

The assessment of a country’s economic and social evolution can be made on the basis of the actual results obtained in dynamics but, and very importantly, of the way a country’s economy evolves compared to other countries in different geographic areas or groups International economic structures. Ensuring real comparability is through the use of data that become comparable only after the deflation of the macroeconomic indicators and aggregates, as well as by considering the concrete levels obtained by these countries. In the structural analysis of an economy, every element must be considered, which becomes comparable, opposable, giving certainty in comparable international analyzes. The authors focus in this article on studying the elements that ensure the construction and suitability of the macroeconomic indicators of results so that they become internationally comparable. We distinguish between comparability in dynamics and territorial comparability. Even in a country, economic analysis can also be made taking into account the territorial structure. The authors emphasize recalculating global comparable prices using deflation, then calculating the indicators in the same currency, and ultimately setting these macroeconomic outcomes in line with some demographic or geographic criteria. In international comparability, it is important to know the size of the population, the geographical area of the country so that we can express for example the gross domestic product indicator per inhabitant or the population density per km2 or if we want the share of the employed population and then the share of the employed population Of the employed population. In this context, the authors highlighted the main methodological elements that ensure the correct international comparability of the result indicators.

Suggested Citation

  • Constantin ANGHELACHE & Madalina-Gabriela ANGHEL & Tudor SAMSON, 2017. "The Main Methodological Elements Regarding The Comparability Of The Result Indicators," Romanian Statistical Review Supplement, Romanian Statistical Review, vol. 65(7), pages 45-59, July.
  • Handle: RePEc:rsr:supplm:v:65:y:2017:i:7:p:45-59
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    Keywords

    trend; current prices; indicator; deflation; comparability;

    JEL classification:

    • E31 - Macroeconomics and Monetary Economics - - Prices, Business Fluctuations, and Cycles - - - Price Level; Inflation; Deflation
    • P42 - Economic Systems - - Other Economic Systems - - - Productive Enterprises; Factor and Product Markets; Prices

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