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Theoretical and Applied Economics
No. 1 / 2006 (496)

Short-run and Current Analysis Model in Statistics

Constantin Anghelache
Alexandru Isaic-Maniu
Constantin Mitrut
Vergil Voineagu
Academia de Studii Economice Bucuresti

Abstract. Using the short-run statistic indicators is a compulsory requirement implied in the current analysis. Therefore, there is a system of EUROSTAT indicators on short run which has been set up in this respect, being recommended for utilization by the member-countries. On the basis of these indicators, there are regular, usually monthly, analysis being achieved in respect of: the production dynamic determination; the evaluation of the short-run investment volume; the development of the turnover; the wage evolution: the employment; the price indexes and the consumer price index (inflation); the volume of exports and imports and the extent to which the imports are covered by the exports and the sold of trade balance. The EUROSTAT system of indicators of conjuncture is conceived as an open system, so that it can be, at any moment extended or restricted, allowing indicators to be amended or even removed, depending on the domestic users requirements as well as on the specific requirements of the harmonization and integration. For the short-run analysis, there is also the World Bank system of indicators of conjuncture, which is utilized, relying on the data sources offered by the World Bank, The World Institute for Resources or other international organizations statistics. The system comprises indicators of the social and economic development and focuses on the indicators for the following three fields: human resources, environment and economic performances. At the end of the paper, there is a case study on the situation of Romania, for which we used all these indicators.

Keywords: indicator; time horizon; integration value; trade balance; life expectancy; life quality.

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