In this study a comparative analysis of the forecasts accuracy for Spain (developed country) and Romania (developing country) was developed for the crisis period (2009 - 2013). The providers are national forecasters: Bank of Spain and FUNCAS (Spanish Savings Banks Foundation) for Spain and two...

In this article, the GDP deflator is predicted starting from econometric models of historical errors of forecasts based on Dobrescu macromodel. In Romania, a significant relationship between GDP deflator and GDP index predictions was not confirmed. However, there is an important dependence...

In this paper article, two strategies based on the econometric approach are proposed in order to improve the forecast accuracy of GDP index in Romania. First, the index is predicted starting from an econometric model that reflects the relationship between the GDP index and the GDP deflator....

The objective of this research is related to the comparison between the government planning for the revenues and our own forecasts based on an econometric model. An auto-adaptive model was constructed for the revenues, taking into account the previous expectations regarding the government...

In this study, the problem of forecasts accuracy is analysed on three different forecasting horizons: during the actual economic crisis, in few years before the crisis and on a large horizon. The accuracy of the forecasts made by European Commission, National Commission for Prognosis (NCP) and...

In this study a comparative analysis of the forecasts accuracy for Spain (developed country) and Romania (developing country) was developed for the crisis period (2009 - 2013). The providers are national forecasters: Bank of Spain and FUNCAS (Spanish Savings Banks Foundation) for Spain and two...

The GDP forecasting is a prior concern for each country, but also for an entire region composed by more countries with specific and different evolutions of GDP. The GDP predictions for the 27 European Union are based on two econometric techniques. It was proved, using accuracy indicators like U1...