Search: GDP
RBA Glossary definition for GDP
GDP – Gross Domestic Product. A key measure of the value of economic production in the economy. GDP is determined in one of three ways: the value of goods and services produced less the cost of production; the sum of incomes generated by production; the sum of final expenditure on goods and services produced plus exports minus imports. An average of the three approaches may be calculated and is also referred to as GDP.
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Appendix D: Data Sources and Definitions
31 Dec 2002
RDP
2002-06
based on the ratio of the stock of OECD net public debt to GDP, debt. ... subject to a real-time problem, as it neglects revisions over time to estimates of OECD GDP.
https://www.rba.gov.au/publications/rdp/2002/2002-06/appendix-d.html
Output Gaps in Real Time: Are They Reliable Enough to Use for Monetary Policy?
1 Sep 2002
RDP
2002-06
Research Discussion Papers contain the results of economic research within the Reserve Bank
https://www.rba.gov.au/publications/rdp/2002/2002-06.html
Results
31 Dec 2002
RDP
2002-06
The mid 1970s were still very early years in the production of estimates of real GDP by the Australian Bureau of Statistics. ... The first real GDP estimates, which were income-based, were for the 1971:Q3 vintage, while expenditure-based estimates only
https://www.rba.gov.au/publications/rdp/2002/2002-06/results.html
Appendix C: Detailed Phillips Curve Specifications
31 Dec 2002
RDP
2002-06
which the accounts are prepared, results in significant revisions to the entire history of real GDP.
https://www.rba.gov.au/publications/rdp/2002/2002-06/appendix-c.html
Conclusions
31 Dec 2002
RDP
2002-06
On the basis of results derived from 121 vintages of Australian GDP data, from 1971:Q4 to 2001:Q4, we have addressed the questions: How well can we estimate the output
https://www.rba.gov.au/publications/rdp/2002/2002-06/conclusions.html
Introduction
31 Dec 2002
RDP
2002-06
In this paper we take up the challenge of obtaining real-time potential output estimates for 121 vintages of actual Australian GDP data, to assess explicitly the extent to which
https://www.rba.gov.au/publications/rdp/2002/2002-06/introduction.html
The Construction of Real-time Potential Output Estimates
31 Dec 2002
RDP
2002-06
A full description of the data is provided inAustralian quarterly GDP data are now available from 1959:Q3 to the present. ... For a given vintage of GDP data, we start with the general specification defined by equations (1), (3) and (4) above.
https://www.rba.gov.au/publications/rdp/2002/2002-06/construction-of-real-time-potential-output-estimates.html