KeywordsOil priceGDP and its componentsTime-varying thresholdOil-importing countriesOil-exporting countriesJEL classificationC5Q4Q43The impact of oil prices on GDP in oil-importing and oil-exporting countries is
The experiment generates a wealth of information leading to several interesting discoveries, enabling us, among other things, to identify the contribution of the monthly indicators to the nowcasts and forecasts of monthly GDP and its components, highlighting the role of business and consumer surveys ...
Holden, K. , et Peel, D. A. ( 1982a ). Data revisions and time series models of GDP and Its Components . Appl. Econom. , 14 , 101 – 110 .Holden, K., and D.A. Peel. "Data Revisions and Time Series Models of GDP and Its Components," Applied Economics 14 (1982b), pp. ...
GDP is the broadest measure of economic activity in a country. Read on to learn about the GDP - its components, types, functions, calculation and disadvantages.
• (Mankiw,PrinciplesofEconomics,sixthedition,ch23,measuringanation’sincome,p506.)Table1GDPandItsComponents 1trillion=1000billion1billion=1000million Copyright©2004South-Western GDPandItsComponents(2001)GovernmentPurchases Investment16% 18%NetExports-3% Consumption69% Governmentconsumptionexpenditures ...
More rankings:Africa|Asia|Central America & the Caribbean|Europe|Middle East|North America|Oceania|South America|World| Statistical Concept and Methodology:The accuracy of national accounts estimates and their comparability across countries depend on timely revisions to data on GDP and its components. Th...
Statistical Concept and Methodology:The accuracy of national accounts estimates and their comparability across countries depend on timely revisions to data on GDP and its components. The frequency of revisions to GDP data varies: some countries revise numbers monthly, others quarterly or annually, and ...
Question: Identify the immediate effect of the event on domestic GDP and its component. John buys an imported sports car. Gross Domestic Product: Gross domestic product only measures goods and services made in the domestic territory of the nation. Goods or ...
Values the production of goods and services at constant prices Corrected for inflation Nominal GDP Values of the production of goods and services at current prices GDP Deflator: Price index to deflate nominal GDP Practice Problems: GDP and its four Components: GDP is the total market value of al...
We use a comprehensive data set by Iizuka (2017), who compiles real-time data on Japan's GDP and its components in the current system introduced after August 2002. To quantify the effect of GDP announcements on stock prices, we control the changing volatility of stock prices by employing a...