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Modelling the Budget Revenues on the Basis of Appropriate Macroeconomic Indicators. A Case Study for Romania

Author

Listed:
  • Alina Mirela BĂLŢĂŢEANU

    (PhD Student, Bucharest Academy of Economic Studies, Bucharest, Romania.)

  • Emilia ŢIŢAN

    (Bucharest Academy of Economic Studies, Bucharest, Romania.)

  • Daniela MANEA

    (Bucharest Academy of Economic Studies, Bucharest, Romania.)

  • Francesca Dana ANDREESCU

    (PhD Student, Bucharest Academy of Economic Studies, Bucharest, Romania.)

Abstract

The paper aims to identify if there is an interdependence between the main budgetary revenues and the macroeconomic indicators which can be found in the official forecasts. The proposed econometric method may constitute an alternative way of checking the consis- tency between the forecast of the budgetary indicators and the macroeconomic ones and can highlight at the same time the impact of some governmental policies on the public sector.

Suggested Citation

  • Alina Mirela BĂLŢĂŢEANU & Emilia ŢIŢAN & Daniela MANEA & Francesca Dana ANDREESCU, 2021. "Modelling the Budget Revenues on the Basis of Appropriate Macroeconomic Indicators. A Case Study for Romania," Journal for Economic Forecasting, Institute for Economic Forecasting, vol. 0(3), pages 158-171, June.
    • Handle: RePEc:rjr:romjef:v::y:2021:i:3:p:158-171
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    File URL: https://www.ipe.ro/rjef/rjef3_21/rjef3_2021p158-171.pdf
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    Citations

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    Cited by:

    1. Valetin Marian Antohi & Costinela Fortea & Monica Laura Zlati & Romeo-Victor Ionescu & Cristian Mirica, 2022. "Efficiency of financial indicators of the Romanian state budget, an objective of economic security during the epidemiological crisis," Journal of Financial Studies, Institute of Financial Studies, vol. 12(7), pages 38-51, May.

    More about this item

    Keywords

    budget revenues; macroeconomic indicators; modelling budget revenues; Romanian macroeconomic model; taxation; GDP; GNP; Hidden Economy; Macroeconomic Model;
    All these keywords.

    JEL classification:

    • C4 - Mathematical and Quantitative Methods - - Econometric and Statistical Methods: Special Topics
    • E1 - Macroeconomics and Monetary Economics - - General Aggregative Models
    • H2 - Public Economics - - Taxation, Subsidies, and Revenue

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