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Revisions to quarterly GDP growth and its components

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  • Ross Meader

    (Office for National Statistics)

Abstract

Presents results of the latest analysis for different stages of the production process and assesses reliability of initial estimates.This article presents the results of the latest revisions analysis of gross domestic product (GDP), updating and developing the previous article, Robinson and Obuwa (2006) published in December 2006. Revisions to the estimates of quarterly GDP are analysed at different stages of the production process, and the reliability of initial estimates over two different time periods is assessed. An analysis of revisions to quarterly growth rates for the main components of the expenditure, production and income measures of GDP is also presented. More detailed analysis of the components can be found in the appendices to this article on the National Statistics website at www.statistics.gov.uk/cci/article.asp?id=1888Economic & Labour Market Review (2007) 1, 28–35; doi:10.1057/palgrave.elmr.1410170

Suggested Citation

  • Ross Meader, 2007. "Revisions to quarterly GDP growth and its components," Economic & Labour Market Review, Palgrave Macmillan;Office for National Statistics, vol. 1(11), pages 28-35, November.
    • Handle: RePEc:pal:ecolmr:v:1:y:2007:i:11:p:28-35
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    Cited by:

    1. Barrett, Alan & Kearney, Ide & Goggin, Jean & O'Brien, Martin, 2008. "Quarterly Economic Commentary, Autumn 2008," Forecasting Report, Economic and Social Research Institute (ESRI), number QEC20083, June.
    2. Sandra Steindl & Petra Sauer, 2009. "An Evaluation of Revisions and Quality Aspects of Austrian Quarterly GDP Publications," WIFO Studies, WIFO, number 37201, Juni.
    3. Quill, Patrick, 2008. "An Analysis of Revisions to Growth Rates in the Irish Quarterly National Accounts," Quarterly Economic Commentary: Special Articles, Economic and Social Research Institute (ESRI), vol. 2008(3-Autumn).
    4. António Rua & Carlos Melo Gouveia & Fátima Cardoso, 2023. "From first to last: the National Accounts revisions," Economic Bulletin and Financial Stability Report Articles and Banco de Portugal Economic Studies, Banco de Portugal, Economics and Research Department.

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