Autor: |
Francesco Montaruli, Tiziano Ropele, Andrea Filippone, Libero Monteforte, Valter Di Giacinto |
Rok vydání: |
2019 |
Předmět: |
|
Zdroj: |
SSRN Electronic Journal. |
ISSN: |
1556-5068 |
Popis: |
This work documents the construction of the new quarterly indicator of regional economic activity (Indicatore Trimestrale dell’Economia Regionale – ITER), which uses a parsimonious set of regional variables and combines them by means of temporal disaggregation techniques to obtain a quarterly index that is consistent with the official data on national and regional GDP and marked by a small lag compared with the reference period. The methodology was implemented to produce quarterly indicators for the economies of Italy’s four macro-areas in the period 1995-2017. With a view to assessing the performance of the quarterly indicator, a forecasting exercise was conducted regarding annual GDP growth in the four macro-areas for the period 2014-17. The forecasting performance of ITER is in line with that of the indicators developed by other national research institutions. |
Databáze: |
OpenAIRE |
Externí odkaz: |
|