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Pregled metodologije konjunkturnih istraživanja zemalja Europske unije i hrvatsko iskustvo

Author

Listed:
  • Ivan Šošić

    (Faculty of Economics and Business, University of Zagreb)

  • Vlasta Bahovec

    (Faculty of Economics and Business, University of Zagreb)

  • Mirjana Čižmešija

    (Faculty of Economics and Business, University of Zagreb)

Abstract

Business and consumer surveys (B-C-S) are qualitative economic surveys designed to deal with judgments and expectations of economic agents and consumers. They are a necessary complement to the quantitative statistical surveys. Information from business and consumer surveys serve as a subset of information set important for evaluation of the state of business climate and activities, economic trends and forecasting. B-C- S information are summarised in the form of various indicators such as: industrial confidence indicator, service confidence indicator, consumer confidence indicator, construction confidence indicator, retail trade confidence indicator, economic sentiment indicator. There is the joint harmonised EU programme of (B-C-S) and it is carried out by member states. There is a harmonized EU methodology, but differences exist in applied sample designs and methods of sample selection, treatment of non-responses, seasonal adjustment methods etc. The surveys are conducted by various organisations: statistical institutes, statistical bureau offices, specialised firms, national banks. In this paper comparatively and detailed are presented the main methodological characteristics of B-C-S of EU member countries and candidate countries. B-S is carried out in Croatia from 1995. The applied methodology of Croatian B-C-S is highly harmonised with those of EU methodology. There is the problem of relatively high no-response rate. It is necessary to make some questionnaire revisions. Monthly based surveys should be introduced as well as the investment test. In order to improve the Croatian B-C-S it is necessary to ensure the organisational and financial stability of conducting the surveys.

Suggested Citation

  • Ivan Šošić & Vlasta Bahovec & Mirjana Čižmešija, 2007. "Pregled metodologije konjunkturnih istraživanja zemalja Europske unije i hrvatsko iskustvo," EFZG Working Papers Series 0703, Faculty of Economics and Business, University of Zagreb.
  • Handle: RePEc:zag:wpaper:0703
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    More about this item

    Keywords

    business surveys; sample design; sampling frame; response rate; research institutions; seasonal adjustment methods;
    All these keywords.

    JEL classification:

    • C82 - Mathematical and Quantitative Methods - - Data Collection and Data Estimation Methodology; Computer Programs - - - Methodology for Collecting, Estimating, and Organizing Macroeconomic Data; Data Access
    • C42 - Mathematical and Quantitative Methods - - Econometric and Statistical Methods: Special Topics - - - Survey Methods
    • E32 - Macroeconomics and Monetary Economics - - Prices, Business Fluctuations, and Cycles - - - Business Fluctuations; Cycles

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