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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MARTIN Has Its Place: A Macroeconometric Model of the Australian Economy
1 Aug 2019
RDP
2019-07
Log. Real. ABS. xs. Services exports. Log. Real. ABS. wy. Major trading partner GDP. ... Together, these variables determine the potential growth rates of GDP, employment and real wages.
https://www.rba.gov.au/publications/rdp/2019/2019-07/full.html
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DSGE Reno: Adding a Housing Block to a Small Open Economy Model
6 Apr 2018
RDP
2018-04
Second, the pick-up in housing investment has significantly supported the economy over the past five years, adding a percentage point to GDP growth and a percentage point to inflation, in
https://www.rba.gov.au/publications/rdp/2018/2018-04.html
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Credit Spreads, Monetary Policy and the Price Puzzle
1 Jan 2020
RDP
2020-01
where. e. t. h. |. t. is the forecast error of annualised underlying inflation, the unemployment rate, or annualised real GDP growth. ... Table 6: Credit Market Conditions and GDP Forecast Errors. 1994:Q1–2018:Q4. Predictor.
https://www.rba.gov.au/publications/rdp/2020/2020-01/full.html
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International Trade and the Australian Labour Market | Conference – 1994
11 Jul 1994
Conferences
Figure 4 shows exports and imports of goods and services as a fraction of GDP over the past two decades. ... and about half due to the declining share of manufacturing output to GDP (see Appendix B for details).
https://www.rba.gov.au/publications/confs/1994/fahrer-pease.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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MARTIN Has Its Place: A Macroeconometric Model of the Australian Economy
20 Aug 2019
RDP
PDF
1571KB
In conjunction. with Assumption 1, this means that expenditure components of GDP, like consumption or. ... these variables determine the potential growth rates of GDP, employment and real wages.
https://www.rba.gov.au/publications/rdp/2019/pdf/rdp2019-07.pdf
The Key Obstacles to Success in Economic Catching Up by China | Conference – 2016
18 Mar 2016
Conferences
To put the issue formally, the evolution of the debt-to-GDP ratio is given by:. ... until its per capita GDP converges with that of Japan and Western Europe.
https://www.rba.gov.au/publications/confs/2016/woo.html
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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A Factor Model Analysis of the Effects of Inflation Targeting on the Australian Economy | Conference – 2018
12 Apr 2018
Conferences
Figure 13 directly examines the implied IRFs for real GDP growth and CPI inflation. ... t. ). Yes. Non-farm GDP. Expenditure. Δlog(x. t. ). Yes. GDP per capita.
https://www.rba.gov.au/publications/confs/2018/hartigan-morley.html
The Exchange Rate and Macroeconomic Policy in Australia | Conference – 1993
12 Jul 1993
Conferences
Finally, GDP growth is central to macroeconomic policy and is illustrated in Figure 8. ... Moreover, Australian GDP fluctuations have followed a similar pattern to those in comparable economies.
https://www.rba.gov.au/publications/confs/1993/pitchford.html