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GDP Growth Rates Calculated from Quarterly National Accounts: Discrepancies and Revisions
Author(s) -
Lim G. C.
Publication year - 1985
Publication title -
australian economic review
Language(s) - English
Resource type - Journals
SCImago Journal Rank - 0.308
H-Index - 29
eISSN - 1467-8462
pISSN - 0004-9018
DOI - 10.1111/j.1467-8462.1985.tb00301.x
Subject(s) - sample (material) , real gross domestic product , growth rate , econometrics , economics , national accounts , statistics , demographic economics , mathematics , macroeconomics , chemistry , geometry , chromatography
The differences between income‐based and expenditure‐based rates of real GDP growth are examined. The extent to which initial growth rates are subsequently affected by data revisions is documented. Results of regressions of first reported growth rates on the growth rates reported in QNA June 1985 are presented for three samples ‐ the sample of income‐based estimates of GDP growth rates, the sample of expenditure‐based estimates and the sample of mean rates (average of the two estimates).