THE FINANCIAL BLOCKAGE OF THE ROMANIA ECONOMY

Emilian Dobrescu () and Cezar Mereuta

Journal for Economic Forecasting, 2000, issue 3, 11-28

Abstract: The study covers the ensemble of the active economic agents (313,357) which have filled in their balance sheets for 1999.The data refer both to the national economy’s ensemble and to the two broad groups of economic agents: a) the net debtors whose the claims-arrears balance is negative, and b) the net debtors whose the claims-arrears balance is positive or zero. The authors have searched for an econometric relationship between the claims-arrears balance’s ratio as against turnover and two explanatory variables: the operating result ratio and the liquidity ratio to the monthly operating expenditures.

Keywords: balance sheet indicators; arrears; financial blockage (search for similar items in EconPapers)
JEL-codes: D21 P31 P43 (search for similar items in EconPapers)
Date: 2000
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Persistent link: https://EconPapers.repec.org/RePEc:rjr:romjef:v::y:2000:i:3:p:11-28

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