, with particular emphasis on his estimates of population, real GDP, and real GDP per capita for very long periods, going …

replace GDP as a measure of economic growth for a number of purposes. The key difference between GDP and NDP is depreciation … depreciation in GDP has increased in most OECD countries and GDP growth now exceeds NDP growth. Spant points out that this means … that the use of GDP leads to the overestimation of real output growth as well as the potential for noninflationary real …

processes add nothing to the forecast implicit in the conditional mean. We refer to this as the content horizon for forecasts …, and define a forecast content function at horizons s = 1, ... S as the proportionate reduction in mean squared forecast … error available from a time series forecast relative to the unconditional mean. This function depends upon parameter …

International comparisons of living standards are still primarily made using GDP per capita, in spite of recurrent …

fixed capital formation in software, ceteris paribus, and this automatically produces a higher measure of GDP in recent …

results) to forecast GDP growth in real time. It turns out that to forecast the first published value of GDP quarterly growth …Short-term analysts use many tools to forecast economic activity. Among these tools, estimating and, then, simulating … when the predictive accuracy is evaluated considering the forecast errors calculated in comparison to the first released …