Search: gdp

Sort by: Relevance Date
1–7 of 7 collapsed search results for 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.

Search Results

Appendix D: Data Sources and Definitions

31 Dec 2002 RDP 2002-06
David Gruen, Tim Robinson and Andrew Stone
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
David Gruen, Tim Robinson and Andrew Stone
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
David Gruen, Tim Robinson and Andrew Stone
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
David Gruen, Tim Robinson and Andrew Stone
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
David Gruen, Tim Robinson and Andrew Stone
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
David Gruen, Tim Robinson and Andrew Stone
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
David Gruen, Tim Robinson and Andrew Stone
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