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Systems Of Industrial Indicators – In A Context Dominated By The National Forecasting Commission’S Anticipations

Author

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  • Gheorghe SAVOIU

    (Pitesti University)

Abstract

Using conjuncture indicators in projective estimates, together with making best use of the anticipations of the National Forecasting Commission, plays an important role in conducting economic decision-making, facilitating confrontation of a business with its specific cycle, nationally, in keeping with the statistical data of the NSI and Eurostat, thus supporting the entrepreneurs or managers during the economic cycles. After a brief introduction, the paper synthetically presents some systems of statistical indicators in the literature, and later, after a brief methodological section, it focuses on the magic quadrilateral and the pentagon of Romania’s macroeconomic strategy for 2017-2020, leaving room for some brief final remarks.

Suggested Citation

  • Gheorghe SAVOIU, 2017. "Systems Of Industrial Indicators – In A Context Dominated By The National Forecasting Commission’S Anticipations," Romanian Statistical Review Supplement, Romanian Statistical Review, vol. 65(8), pages 121-129, August.
  • Handle: RePEc:rsr:supplm:v:65:y:2017:i:8:p:121-129
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    File URL: http://www.revistadestatistica.ro/supliment/wp-content/uploads/2017/08/RRSS_08_2017_A7_en.pdf
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    Citations

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    Cited by:

    1. Gheorghe Savoiu & Sandra Matei & Mladen Čudanov & Emilia Gogu, 2022. "A Creative Statistical Model of Geometric Area Index Number for Adequate Estimation of ESG, DESG Goals Achievement, and Other Macroeconomic (Im)balances Dynamics," Mathematics, MDPI, vol. 10(16), pages 1-26, August.

    More about this item

    Keywords

    conjuncture; statistical indicator; indicator systems; magic quadrilateral or square; pentagon of economic strategy; perennial hexagon; conjunctural octagon; strategic and tactical decagon of economic competitiveness;
    All these keywords.

    JEL classification:

    • B22 - Schools of Economic Thought and Methodology - - History of Economic Thought since 1925 - - - Macroeconomics
    • C19 - Mathematical and Quantitative Methods - - Econometric and Statistical Methods and Methodology: General - - - Other
    • C46 - Mathematical and Quantitative Methods - - Econometric and Statistical Methods: Special Topics - - - Specific Distributions
    • O11 - Economic Development, Innovation, Technological Change, and Growth - - Economic Development - - - Macroeconomic Analyses of Economic Development

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