Net Indirect Taxes and Sectoral Structure of Economy

Emilian Dobrescu ()

Journal for Economic Forecasting, 2015, issue 2, 5-29

Abstract: Usually, the sectoral structure of economy is measured as weights of the main branches - a) in the total gross value added or b) in the gross domestic product. Vector b differs from vector a by the sectoral net indirect taxes, as shown in the Input-Output Tables of Romania. This issue has been explored using the Input-Output Tables of Romania for almost a quarter of a century. The primary information that resulted from the extended branch nomenclatures (from 90 to 105 positions in different years) has been aggregated into ten sectors. The series were methodologically homogenized according to the last Eurostat classification The comparative analysis involved five structural coefficients derived from the Euclidean 1-norm distance, Bhattacharyya coefficient, Hellinger distance, Cosine similarity coefficient, and the so-called Jaccard index. Some computational problems of estimating - as autoregressive processes - the sectoral rates of the net indirect taxes are also examined.

Keywords: sectoral structure; net indirect taxes; VAR (search for similar items in EconPapers)
JEL-codes: C53 C67 H2 (search for similar items in EconPapers)
Date: 2015
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Citations: View citations in EconPapers (1)

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