The development and production of GDP flash estimates in a newly industrialised country: the case of South Africa
AbstractThe experience accumulated from the development and production of a flash estimate of GDP as an official statistic at Statistics South Africa (Stats SA) is presented and discussed. This experience could inform national statistical organisations operating under similar statistical production constraints in other newly industrialised countries or elsewhere. The use of the flash estimate as an early indicator of business cycle slowdowns and upturns is also presented to demonstrate one possible by-product use of the flash estimate.
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Bibliographic InfoPaper provided by University Library of Munich, Germany in its series MPRA Paper with number 39215.
Date of creation: 14 Jun 2010
Date of revision: 01 Dec 2010
forecasts; flash estimates; national accounts;
Find related papers by JEL classification:
- C53 - Mathematical and Quantitative Methods - - Econometric Modeling - - - Forecasting and Prediction Models; Simulation Methods
- E17 - Macroeconomics and Monetary Economics - - General Aggregative Models - - - Forecasting and Simulation: Models and Applications
Please report citation or reference errors to , or , if you are the registered author of the cited work, log in to your RePEc Author Service profile, click on "citations" and make appropriate adjustments.:
- S. A. Roberts, 1982. "A General Class of Holt-Winters Type Forecasting Models," Management Science, INFORMS, vol. 28(7), pages 808-820, July.
- Dennis Fixler, 2004. "Revisions to GDP Estimates in the U.S," BEA Papers 0046, Bureau of Economic Analysis.
- Marcus Scheiblecker & Sandra Steindl, 2006. "Austrian GDP Flash Estimates: A Description of Methods," Austrian Economic Quarterly, WIFO, vol. 11(2), pages 79-85, June.
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