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In this paper, we used the production function method and the Van Norden method to estimate China's output gap (and potential output) from 1985 to 2009 year,and comparise the two methods. The results showed that: (1) the results of different methods are basically consistent with our economic...
Persistent link: https://www.econbiz.de/10011258741
Monthly economic indicators are used for a variety of purposes, from studying business cycles to determining economic policy and making informed business decisions. China’s published monthly industrial output statistics could hardly be more confusing, with changes in variables, in coverage, in...
Persistent link: https://www.econbiz.de/10011260760
This paper estimates the data intensity of occupations/sectors (i.e. the share of job postings per occupation/sector related to the production of data) using natural language processing (NLP) on job advertisements in the United Kingdom, Canada and the United States. Online job advertisement data...
Persistent link: https://www.econbiz.de/10014435835
I discuss the measurement of world poverty and inequality, with particular attention to the role of PPP price indexes from the International Comparison Project. Global inequality increased with the latest revision of the ICP, and this reduced the global poverty line relative to the US dollar....
Persistent link: https://www.econbiz.de/10008554091
The unit value index (UVI) as compiled in Germany for exports and imports is compared with two other indices, viz. an index of Drobisch which unfortunately is likewise known as 'unit value index' and the 'normal' Laspeyres price index (PI) of exports and imports. The UVI may be viewed as a...
Persistent link: https://www.econbiz.de/10010742168
Monthly economic indicators are used for a variety of purposes, from studying business cycles to determining economic policy and making informed business decisions. China's published monthly industrial output statistics could hardly be more confusing, with changes in variables, in coverage, in...
Persistent link: https://www.econbiz.de/10010744390
The unit value index (UVI) as compiled in Germany for exports and imports is compared with two other indices, viz. an index of Drobisch which unfortunately is likewise known as "unit value index" and the "normal" Laspeyres price index (PI) of exports and imports. The UVI may be viewed as a...
Persistent link: https://www.econbiz.de/10008615008
In some countries a Paasche price index based on unit values is compiled as a proxy for a true Paasche (or Laspeyres) price index on the basis of prices. This is for example the case in German foreign trade statistics. Unit values are average prices referring to a 'commodity number' (CN), that...
Persistent link: https://www.econbiz.de/10008784597
In the past ten years, researchers have explored the impact of data revisions in many different contexts. Researchers have examined the properties of data revisions, how structural modeling is affected by data revisions, how data revisions affect forecasting, the impact of data revisions on...
Persistent link: https://www.econbiz.de/10008873468
I discuss the measurement of world poverty and inequality, with particular attention to the role of PPP price indexes from the International Comparison Project. Global inequality increased with the latest revision of the ICP, and this reduced the global poverty line relative to the US dollar....
Persistent link: https://www.econbiz.de/10011150254