Is the size of Government underestimated? On the treatment of market in macroeconomic statistics.

Kód výsledku v IS VaVaI

<a href="https://www.isvavai.cz/riv?ss=detail&h=RIV%2F44555601%3A13510%2F16%3A43888423" target="_blank" >RIV/44555601:13510/16:43888423 - isvavai.cz</a>

Výsledek na webu

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DOI - Digital Object Identifier

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Jazyk výsledku

angličtina

Název v původním jazyce

Is the size of Government underestimated? On the treatment of market in macroeconomic statistics.

Popis výsledku v původním jazyce

Statistical measurement of government has become one of the main challenges for statisticians as the extent of government interventionism has been extending over last decades. Higgs has dealt with some aspects of how the size of government is commonly expressed (Higgs, 1991; Higgs, 2015). Aim of this paper is to add some relevant facts of the methodological nature leading to the underestimation of government in official statistics. We consider this issue essential even though rather ignored in the mainstream literature. As it is illustrated in the text, the size of government tends to be underestimated in the macroeconomic statistics due a number of issues - the immeasurability of several interventions, lacking information and the inappropriate treatment of market mechanism in the currently methodology.

Název v anglickém jazyce

Is the size of Government underestimated? On the treatment of market in macroeconomic statistics.

Popis výsledku anglicky

Statistical measurement of government has become one of the main challenges for statisticians as the extent of government interventionism has been extending over last decades. Higgs has dealt with some aspects of how the size of government is commonly expressed (Higgs, 1991; Higgs, 2015). Aim of this paper is to add some relevant facts of the methodological nature leading to the underestimation of government in official statistics. We consider this issue essential even though rather ignored in the mainstream literature. As it is illustrated in the text, the size of government tends to be underestimated in the macroeconomic statistics due a number of issues - the immeasurability of several interventions, lacking information and the inappropriate treatment of market mechanism in the currently methodology.

Druh

J_ost - Ostatní články v recenzovaných periodicích

CEP obor

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OECD FORD obor

50201 - Economic Theory

Projekt

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Návaznosti

I - Institucionalni podpora na dlouhodoby koncepcni rozvoj vyzkumne organizace

Rok uplatnění

2016

Kód důvěrnosti údajů

S - Úplné a pravdivé údaje o projektu nepodléhají ochraně podle zvláštních právních předpisů

Název periodika

Romanian Economic and Business Review

ISSN

1842-2497

e-ISSN

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Svazek periodika

11

Číslo periodika v rámci svazku

4

Stát vydavatele periodika

RO - Rumunsko

Počet stran výsledku

7

Strana od-do

85-91

Kód UT WoS článku

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EID výsledku v databázi Scopus

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