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Panel Nowcasting for Countries Whose Quarterly GDPs are Unavailable
Omer Faruk AkbalMr. Seung M ChoiSeung ChoiMr. Futoshi NaritaJiaxiong Yao
出版International Monetary Fund, 2023-08-04
主題Business & Economics / Exports & ImportsBusiness & Economics / Foreign ExchangeBusiness & Economics / Economics / MacroeconomicsBusiness & Economics / Economics / GeneralBusiness & Economics / ForecastingComputers / Database Administration & Management
ISBN9798400245053
URLhttp://books.google.com.hk/books?id=pFzQEAAAQBAJ&hl=&source=gbs_api
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註釋Quarterly GDP statistics facilitate timely economic assessment, but the availability of such data are limited for more than 60 developing economies, including about 20 countries in sub-Saharan Africa as well as more than two-thirds of fragile and conflict-affected states. To address this limited data availablity, this paper proposes a panel approach that utilizes a statistical relationship estimated from countries where data are available, to estimate quarterly GDP statistics for countries that do not publish such statistics by leveraging the indicators readily available for many countries. This framework demonstrates potential, especially when applied for similar country groups, and could provide valuable real-time insights into economic conditions supported by empirical evidence.