Comparative Study of Some European Union Countries by Gross Value Added and Number of Employed during 2000- 2014 trough TRAMO/SEATS MODEL

Vasil Bozev
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Vasil Bozev: University of National and World Economy, Sofia, Bulgaria

Ikonomiceski i Sotsialni Alternativi, 2016, issue 2, 58-69

Abstract: Comparison between European Union coun­tries on quarterly basis by the value added and the number of employed reveals two main problems. First problem is caused by seasonality, which occurs and seriously disturbs the analysis. In this case, seasonal fluctuations in different countries may not match with each other thus making not entirely correct comparisons on the trend of mac­roeconomic indicators. The second problem re­lates to the different size of countries, which must be overcome in order to compare them

Keywords: gross value added; employed; seasonality (search for similar items in EconPapers)
JEL-codes: C13 E20 E27 (search for similar items in EconPapers)
Date: 2016
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Persistent link: https://EconPapers.repec.org/RePEc:nwe:iisabg:y:2016:i:2:p:58-69

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