Measures of the Real GDP of U.S. Trading Partners: Methodology and Results
AbstractThis paper provides the details of the construction of new quarterly measures of the real GDPs of the 36 U.S. trading partners that are taken into consideration by the Federal Reserve in its "broad exchange rate" indexes. These new measures have some important advantages. First, they allow the construction of various income aggregates and sub-aggregates, which makes it possible, for example, to match the Federal Reserve's "broad," "major-currency," and "other important" trading partner effective exchange rates and, more broadly, to discuss the geographical and geopolitical determinants of U.S. trade. Second, they allow the construction of variants of the two different types of measures that are utilized in the literature, namely direct and export-share-weighted sums of trading-partner real GDPs. Finally, given that our new measures of GDP for these countries can be directly compared to each other, they can be of interest for other researchers who need a consistent dataset on a quarterly basis.
Download InfoIf you experience problems downloading a file, check if you have the proper application to view it first. In case of further problems read the IDEAS help page. Note that these files are not on the IDEAS site. Please be patient as the files may be large.
Bibliographic InfoPaper provided by EconWPA in its series International Trade with number 0309021.
Length: 36 pages
Date of creation: 19 Sep 2003
Date of revision:
Note: Type of Document - word; prepared on PC ; to print on PostScript; pages: 36; figures: included
Contact details of provider:
Web page: http://220.127.116.11
international growth; economic measurement; GDP quarterly estimates;
Other versions of this item:
- Claudio H. dos Santos & Anwar Shaikh & Gennaro Zezza, 2003. "Measures of the Real GDP of US Trading Partners: Methodology and Results," Economics Working Paper Archive wp_387, Levy Economics Institute, The.
- C82 - Mathematical and Quantitative Methods - - Data Collection and Data Estimation Methodology; Computer Programs - - - Methodology for Collecting, Estimating, and Organizing Macroeconomic Data; Data Access
- F17 - International Economics - - Trade - - - Trade Forecasting and Simulation
This paper has been announced in the following NEP Reports:
- NEP-IFN-2003-09-24 (International Finance)
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.:
- Karl Whelan, 2000. "A guide to the use of chain aggregated NIPA data," Finance and Economics Discussion Series 2000-35, Board of Governors of the Federal Reserve System (U.S.).
- Wynne Godley, 2000. "Interim Report: Notes on the U.S. Trade and Balance of Payments Deficits," Economics Strategic Analysis Archive 00-01, Levy Economics Institute, The.
- Menzie D. Chinn, 2003.
"Doomed to Deficits? Aggregate U.S. Trade Flows Re-Examined,"
NBER Working Papers
9521, National Bureau of Economic Research, Inc.
- Menzie D. Chinn, 2005. "Doomed to Deficits? Aggregate U.S. Trade Flows Re-Examined," Review of World Economics (Weltwirtschaftliches Archiv), Springer, vol. 141(3), pages 460-485, October.
- Anwar Shaikh & Dimitri B. Papadimitriou & Claudio H. dos Santos & Gennaro Zezza, 2003. "Deficits, Debts and Growth: A Reprieve but not a Pardon," Economics Strategic Analysis Archive 03-10, Levy Economics Institute, The.
- Sinchan Mitra & Tara M. Sinclair, . "Macroeconomic Fluctuations in Emerging Economies: An Unobserved Components Approach," MRG Discussion Paper Series 3911, School of Economics, University of Queensland, Australia.
For technical questions regarding this item, or to correct its authors, title, abstract, bibliographic or download information, contact: (EconWPA).
If references are entirely missing, you can add them using this form.