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Příspěvek k časnějším odhadům hodnot čtvrtletních národních účtů
[Contribution to the Earlier Estimations of Quarterly National Accounts]

Author

Listed:
  • Luboš Marek
  • Stanislava Hronová
  • Richard Hindls

Abstract

Quarterly national accounts provide short-term macroeconomic information matched with those of the annual accounts. Their mission is to provide synthetic information as soon as possible after the end of the quarter. Due to the pressure, caused by Eurostat shortening deadlines on publishing this information, the task is more of creating a methodology to be used in the Czech Republic. Based on faster and more effi cient approaches, it should enable to perform and present estimates of aggregates of quarterly national accounts for the last quarter (and forecasts for the current quarter) at a satisfactory level of reliability. Basic considerations on the methods of quarterly estimation should therefore depend on indirect methods, ie., on mathematical and statistical models, that enable (given there is a system of short survey estimates) to accelerate and shorten publishing. The article off ers an original methodology of estimating quarterly national accounts values, based on time series analysis and presents the results on the data of national accounts of the Czech Republic.

Suggested Citation

  • Luboš Marek & Stanislava Hronová & Richard Hindls, 2016. "Příspěvek k časnějším odhadům hodnot čtvrtletních národních účtů [Contribution to the Earlier Estimations of Quarterly National Accounts]," Politická ekonomie, Prague University of Economics and Business, vol. 2016(6), pages 633-650.
    • Handle: RePEc:prg:jnlpol:v:2016:y:2016:i:6:id:1101:p:633-650
    DOI: 10.18267/j.polek.1101
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    More about this item

    Keywords

    system of national accounts; quarterly accounts; mathematical and statistical approach to the compilation of quarterly national accounts;
    All these keywords.

    JEL classification:

    • C02 - Mathematical and Quantitative Methods - - General - - - Mathematical Economics
    • E01 - Macroeconomics and Monetary Economics - - General - - - Measurement and Data on National Income and Product Accounts and Wealth; Environmental Accounts
    • N01 - Economic History - - General - - - Development of the Discipline: Historiographical; Sources and Methods

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