Possible approaches of the quarterly GDP estimation

Nowadays, quarterly national accounts - in particular quarterly GDP - represent an essential instrument and source of information for both economic and monetary policy as continuously underlined by the major users such as the European Central Bank (ECB), government authorities, economic actors and f...

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Bibliographic Details
Main Author: Anwar Klára
Format: Article
Published: 2010
Series:Proceedings of the Challenges for Analysis of the Economy, the Businesses, and Social Progress : International Scientific Conference Szeged, November 19-21, 2009
Kulcsszavak:GDP - statisztika
Online Access:http://acta.bibl.u-szeged.hu/57871
Description
Summary:Nowadays, quarterly national accounts - in particular quarterly GDP - represent an essential instrument and source of information for both economic and monetary policy as continuously underlined by the major users such as the European Central Bank (ECB), government authorities, economic actors and forecasters. At the end of 2006, Hungarian Central Statistical Office (HCSO) has introduced full set of current price quarterly calculations based on statistical and administrative data sources. According to this approach, on production side quarterly GDP is not obtained directly but as a difference of output and intermediate consumption plus taxes less subsidies on production. For this compilation, intermediate consumption has been estimated quarterly though there is no direct data source available for this figure. Under continuous methodological work, I would like to explore and analyse the possible approaches to estimate intermediate consumption quarterly.
Physical Description:1280-1286
ISBN:978-963-06-9558-9