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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The GFC Investment Tax Break
25 Jun 2018
RDP
2018-07
General equilibrium estimates suggest that both GDP growth and the cash rate would have been significantly lower in 2009 without the tax break.
https://www.rba.gov.au/publications/rdp/2018/2018-07.html
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The Sectoral Effects of Monetary Policy
16 May 2008
RDP
2008-01
In this section we examine the impact of a foreign shock on the expenditure components of Australian GDP. ... expenditure component of GDP and aggregate GDP less that expenditure component (as in Bernanke and Gertler 1995).
https://www.rba.gov.au/publications/rdp/2008/2008-01/sec-effects-monetary-policy.html
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Does Monetary Policy Affect Non-mining Business Investment in Australia? Evidence from BLADE
22 Dec 2023
RDP
2023-09
gdp: real gross domestic product level – ABS national accounts. gdp: real gross national expenditure level – ABS national accounts.
https://www.rba.gov.au/publications/rdp/2023/2023-09/read-me.html
Extensions
10 Jul 2019
RDP
2019-05
the level of the detrended credit-to-GDP ratio, or credit gap, and the product of the credit gap and real credit growth, both lagged two years. ... larger in magnitude than –0.6, which would occur if the credit-to-GDP ratio was 6 percentage points
https://www.rba.gov.au/publications/rdp/2019/2019-05/extensions.html
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5.5 Abbreviations
19 Oct 2023
RBA Annual Report
– 2023
G20. Group of Twenty. G-SIB. global systemically important bank. GDP. gross domestic product.
https://www.rba.gov.au/publications/annual-reports/rba/2023/abbreviations.html
Results
15 Feb 2024
RDP
2024-01
Models have eight lags of growth in GDP, TWI and CPI, and four lags of shocks and dependent variable. ... All regressions include controls for industry, (lag) GDP growth, (lag) inflation, (lag) growth in the exchange rate, (lag) turnover growth and (lag)
https://www.rba.gov.au/publications/rdp/2024/2024-01/results.html
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Conclusion
22 Mar 2023
RDP
2023-03
Accounting only for the very direct effect this would have in lowering aggregate MFP, our estimates suggest that in 2017 GDP was around $13 billion, or $550 per person, lower than
https://www.rba.gov.au/publications/rdp/2023/2023-03/conclusion.html
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Robustness Exercises
3 Jan 2023
RDP
2022-09
I therefore consider replacing GDP. t. in the VAR with the unemployment rate, UR. ... Figure 11: Impulse Responses – Unemployment. Notes: Estimates obtained under a version of Restriction (6) modified to account for the unemployment rate replacing real
https://www.rba.gov.au/publications/rdp/2022/2022-09/robustness-exercises.html
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The Evolution of Payment Costs in Australia
3 Dec 2014
RDP
2014-14
The results suggest that the resource costs of the payments system have fallen as a per cent of GDP since 2006.
https://www.rba.gov.au/publications/rdp/2014/2014-14.html
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What do Sentiment Surveys Measure?
1 Nov 2001
RDP
2001-09
Research Discussion Papers contain the results of economic research within the Reserve Bank
https://www.rba.gov.au/publications/rdp/2001/2001-09.html
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