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Scientific paper - Original scientific paper
Forecasting Fiscal Revenues in a Transition Country: The Case of Croatia
Zagreb International Review of Economics & Business, 15 (2012), 1; 23-36. urn:nbn:hr:213:931255
Botrić, Valerija; Vizek, Maruška

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Botrić, V. & Vizek, M. (2012). Forecasting Fiscal Revenues in a Transition Country: The Case of Croatia. Zagreb International Review of Economics & Business, 15. (1), 23-36. Retrieved from https://urn.nsk.hr/urn:nbn:hr:213:931255

Botrić, Valerija and Maruška Vizek. "Forecasting Fiscal Revenues in a Transition Country: The Case of Croatia." Zagreb International Review of Economics & Business, vol. 15, no. 1, 2012, pp. 23-36. https://urn.nsk.hr/urn:nbn:hr:213:931255

Botrić, Valerija and Maruška Vizek. "Forecasting Fiscal Revenues in a Transition Country: The Case of Croatia." Zagreb International Review of Economics & Business 15, no. 1 (2012): 23-36. https://urn.nsk.hr/urn:nbn:hr:213:931255

Botrić, V. and Vizek, M. (2012) 'Forecasting Fiscal Revenues in a Transition Country: The Case of Croatia', Zagreb International Review of Economics & Business, 15(1), pp. 23-36. Available at: https://urn.nsk.hr/urn:nbn:hr:213:931255 (Accessed 24 April 2024)

Botrić V, Vizek M. Forecasting Fiscal Revenues in a Transition Country: The Case of Croatia. Zagreb International Review of Economics & Business [Internet]. 2012 May 01 [cited 2024 April 24];15(1):23-36. Available at: https://urn.nsk.hr/urn:nbn:hr:213:931255

V. Botrić and M. Vizek, "Forecasting Fiscal Revenues in a Transition Country: The Case of Croatia", Zagreb International Review of Economics & Business, vol. 15, no. 1, pp. 23-36, May 2012. [Online]. Available at: https://urn.nsk.hr/urn:nbn:hr:213:931255. [Accessed: 24 April 2024]

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Metadata
Title (english)Forecasting Fiscal Revenues in a Transition Country: The Case of Croatia
AuthorValerija Botrić
AuthorMaruška Vizek
Author's institutionThe Institute of Economics, Zagreb
Scientific / art field,
discipline and subdiscipline		SOCIAL SCIENCES
Economics
Abstract (english)
In this paper we asses the ability of alternative time series models to produce accurate fi scal revenue forecasts in a transition country and compare them to offi cial forecast. We take on a disaggregated approach and estimate separate models for seven revenue sources. Alternative time series models – trend model, random walk, ARIMA, regression and error correction models – are specifi ed using quarterly data. One - and two - year ahead forecasts are calculated and compared against actual values and offi cial forecasts. Results suggest that despite impediments, econometric methods produce forecasts that are in general more accurate than offi cial forecasts prepared using expert judgment.
Keywords (english)
Languageenglish
Publication typeScientific paper - Original scientific paper
Publication statusPublished
Peer reviewPeer review
Publication versionPublished version
Journal titleZagreb International Review of Economics & Business
Numberingvol. 15, no. 1, pp. 23-36
p-ISSN1331-5609
URN:NBNurn:nbn:hr:213:931255
Publication2012-05-01
Document URLhttps://hrcak.srce.hr/85784
Type of resourceText
Access conditionsOpen access
Terms of useLicence In copyright icon
Created on2018-10-24 08:54:18