show that ours performs significantly better in nowcasting the Spanish GDP. In addition, our indicator proves to be helpful …

. The analysis considers only the short-term effects on activity, which is very useful for preparing the projections on GDP …

. The analysis considers only the short-term effects on activity, which is very useful for preparing the projections on GDP …

model to produce nowcasts of GDP growth of Spanish regions, by means of dynamic factor models. This framework is capable to … available) and monthly information associated to indicators of regional real activity. We apply the BayFaR to nowcast the GDP … growth of the four largest regions of Spain, and illustrate the real-time nowcasting performance of the proposed framework …

combinaciones más amplias de modelos ; The focus of this paper is on nowcasting and forecasting quarterly private consumption. The … qualitative signals in the nowcasting horizon ; iii) Google-based and uncertainty indicators add value when combined with … traditional indicators, most notably at estimation horizons beyond the nowcasting one, what would be consistent with capturing …

(Bayesian Factor model for Regions), a new tool used by the Banco de España for the short-term forecasting of the GDP of the … Spanish economy and of its biggest regions. The tool allows monthly indicators of activity to be combined with quarterly GDP … that is consistent with INE’s national quarterly GDP …

Based on the 2008 Shaanxi Statistical Yearbook and the relevant data of Shaanxi GDP in the years 1952-2007, SPSS … GDP of Shaanxi Province in the next 6 years based on this model. Result shows that the relative error of actual value and … the GDP of Shaanxi Province is 647.750, 765.662, 905.866, 10735.10, 12744.69 and 15158.20 billion yuan in the year from …