Estimation of Economic Growth in France Using Business Survey Data

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Price:  $15.00

Author/Editor: Alain N. Kabundi
Release Date: © April, 2004
ISBN : 978-1-45184-909-7
Stock #: WPIEA0692004
English
Stock Status: Available

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Description

This paper proposes a new way of computing a coincident indicator for economic activity in France using data from business surveys. We use the generalized dynamic factor model à la Forni and others (2000) to extract common components from a large number of survey observations. The results obtained show that the resulting indicator forecasts economic activity with a relatively high degree of accuracy before the release of actual data.




More publications in this series: Working Papers


More publications by: Alain N. Kabundi