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An Indicator of Monthly GDP and an Early Estimate of Quarterly GDP Growth

Bibliographic Data

ID9717221
AuthorsJames Mitchell (0000-0003-0532-4568, NIESR), Richard J Smith (0000-0002-6340-0656, NIESR and University of Warwick), Martin Weale (0000-0002-2016-0437, National Institute of Economic and Social Research), Martin R Weale (NIESR and Statistics Commission), Stephen Wright (0000-0001-9973-9697, Birkbeck, University of London), Stephen H Wright (0000-0002-0591-0017, Birkbeck, University of London), Eduardo Salazar, Eduardo L Salazar (NIESR)
Year2005
Volume115
Issue501
PagesF108-F129
Publication date2005-02-01
Peer ReviewedYes
Open AccessYes
TypeARTICLE
VenueThe Economic Journal (JOURNAL)
Journal identifiersISSN: 0013-0133 • E-ISSN: 1468-0297
PublisherOxford University Press (OUP) (PUBLISHER)
DOI10.1111/j.0013-0133.2005.00974.x
OpenAlexW1972252616
LanguageEN
Citations received15
References cited16

A range of monthly series are currently available giving indications of short-term movements in output in the UK. The main aim of this paper is to suggest a formal and coherent procedure for grossing these monthly data up to represent the whole of GDP. Although the resultant estimates of GDP would be worse than those obtained by direct measurement, they should be more satisfactory than simply making an informal inference from whatever monthly data are available. Our examination of the efficacy of the method for estimation of the state of economic activity indicates a rather satisfactory outcome. Copyright 2005 Royal Economic Society

Econometrics · Economics · Estimation · Inference · Range (aeronautics · Real gross domestic product · Term (time · Computer Science · Economic Growth and Productivity · Economic, financial, and policy analysis · Engineering · Monetary Policy and Economic Impact

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Unique citing works15
Citations per year0,94
Citation span2010 - 2026 (17)
Citation velocitycurrent
Highly citedNo
Citation typesNeutral: 15

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