IDEAS home Printed from https://ideas.repec.org/p/ess/wpaper/id12976.html
   My bibliography  Save this paper

Asian Development Outlook Forecast Accuracy 2007–2016

Author

Listed:
  • Benno Ferrarini

Abstract

This paper assesses the accuracy of Asian Development Outlook growth and inflation forecasts for 43 Asian economies from 2007 to 2016, against the benchmark of World Economic Outlook projections by the International Monetary Fund. They are found to overlap quite closely, notwithstanding much heterogeneity across countries and years. Forecast accuracy sharpens over time as additional data and evidence become available and get incorporated during quarterly revisions. However, errors widen during crisis years as forecasters struggle to reflect such events in their projections.

Suggested Citation

  • Benno Ferrarini, 2019. "Asian Development Outlook Forecast Accuracy 2007–2016," Working Papers id:12976, eSocialSciences.
    • Handle: RePEc:ess:wpaper:id:12976
    Note: Institutional Papers
    as

    Download full text from publisher

    File URL: http://www.esocialsciences.org/Download/repecDownload.aspx?fname=A2019122135531_29.pdf&fcategory=Articles&AId=12976&fref=repec
    Download Restriction: no
    ---><---

    References listed on IDEAS

    as
    1. Ferrarini, Benno, 2014. "Asian Development Outlook Forecast Skill," ADB Economics Working Paper Series 386, Asian Development Bank.
    Full references (including those not matched with items on IDEAS)

    Most related items

    These are the items that most often cite the same works as this one and are cited by the same works as this one.
    1. Yoichi Tsuchiya, 2021. "Thirty‐year assessment of Asian Development Bank's forecasts," Asian-Pacific Economic Literature, The Crawford School, The Australian National University, vol. 35(2), pages 18-40, November.

    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:ess:wpaper:id:12976. 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.

    If CitEc recognized a bibliographic reference but did not link an item in RePEc to it, you can help with 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: Padma Prakash (email available below). General contact details of provider: http://www.esocialsciences.org .

    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.