IDEAS home Printed from https://ideas.repec.org/a/oec/ecokaa/5l9vc3pl40r8.html
   My bibliography  Save this article

Indicator models of real GDP growth in the major OECD economies

Author

Listed:
  • Nigel Pain
  • Franck Sédillot

Abstract

Accurate and timely information on the current state of economic activity is an important requirement for the policymaking process. Delays in the publication of official statistics mean that a complete picture of economic developments within a particular period emerges only some time after that period has elapsed. Thus considerable resources are, at times, devoted to making an assessment of the immediate past and the current conjuncture as well as projections about future developments. In practice, a regular flow of information is provided by the large number of quantitative and qualitative indicators that appear each month for different sectors of the economy. One challenge for policymakers is to put these together in a consistent manner to obtain a picture of the overall state of the economy.

Suggested Citation

  • Nigel Pain & Franck Sédillot, 2006. "Indicator models of real GDP growth in the major OECD economies," OECD Economic Studies, OECD Publishing, vol. 2005(1), pages 167-217.
    • Handle: RePEc:oec:ecokaa:5l9vc3pl40r8
    DOI: 10.1787/eco_studies-v2005-art7-en
    as

    Download full text from publisher

    File URL: https://doi.org/10.1787/eco_studies-v2005-art7-en
    Download Restriction: Full text available to READ online. PDF download available to OECD iLibrary subscribers.
    File URL: https://libkey.io/10.1787/eco_studies-v2005-art7-en?utm_source=ideas
    LibKey link: if access is restricted and if your library uses this service, LibKey will redirect you to where you can use your library subscription to access this item
    ---><---

    As the access to this document is restricted, you may want to search for a different version of it.

    Citations

    Citations are extracted by the CitEc Project, subscribe to its RSS feed for this item.
    as


    Cited by:

    1. D'Elia, Enrico, 2010. "Predictions vs preliminary sample estimates," MPRA Paper 36070, University Library of Munich, Germany.
    2. Ferrara, Laurent, 2006. "A real-time recession indicator for the Euro area," MPRA Paper 4042, University Library of Munich, Germany.
    3. Christophe Piette, 2016. "Predicting Belgium’s GDP using targeted bridge models," Working Paper Research 290, National Bank of Belgium.
    4. Stéphanie Guichard & Elena Rusticelli, 2011. "A Dynamic Factor Model for World Trade Growth," OECD Economics Department Working Papers 874, OECD Publishing.
    5. D’Elia Enrico, 2014. "Predictions vs. Preliminary Sample Estimates: The Case of Eurozone Quarterly GDP," Journal of Official Statistics, Sciendo, vol. 30(3), pages 1-22, September.
    6. Urasawa, Satoshi, 2014. "Real-time GDP forecasting for Japan: A dynamic factor model approach," Journal of the Japanese and International Economies, Elsevier, vol. 34(C), pages 116-134.

    More about this item

    Statistics

    Access and download statistics

    Corrections

    All material on this site has been provided by the respective publishers and authors. You can help correct errors and omissions. When requesting a correction, please mention this item's handle: RePEc:oec:ecokaa:5l9vc3pl40r8. See general information about how to correct material in RePEc.

    If you have authored this item and are not yet registered with RePEc, we encourage you to do it here. This allows to link your profile to this item. It also allows you to accept potential citations to this item that we are uncertain about.

    We have no bibliographic references for this item. You can help adding them by using this form .

    If you know of missing items citing this one, you can help us creating those links by adding the relevant references in the same way as above, for each refering item. If you are a registered author of this item, you may also want to check the "citations" tab in your RePEc Author Service profile, as there may be some citations waiting for confirmation.

    For technical questions regarding this item, or to correct its authors, title, abstract, bibliographic or download information, contact: the person in charge (email available below). General contact details of provider: https://edirc.repec.org/data/oecddfr.html .

    Please note that corrections may take a couple of weeks to filter through the various RePEc services.

    IDEAS is a RePEc service. RePEc uses bibliographic data supplied by the respective publishers.