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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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Robustness Exercises

3 Jan 2023 RDP 2022-09
Matthew Read
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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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

Does Monetary Policy Affect Non-mining Business Investment in Australia? Evidence from BLADE

7 Jan 2024 RDP PDF 1715KB
6. The vector t jX is a set of control variables, including one lag of firm-level revenue growth, GDP. ... components of GDP, ordering the shock first, as suggested by Plagborg-Møller and Wolf (2021).
https://www.rba.gov.au/publications/rdp/2023/pdf/rdp2023-09.pdf

Appendix A: Model Specifications

20 Sep 2022 RDP 2022-03
Nicholas Garvin, Samuel Kurian, Mike Major and David Norman
The model updates default rates based on changes in year-ended GDP growth. (. ... G. D. P. Y. E. ,. t. ). which are constructed from quarterly GDP growth.
https://www.rba.gov.au/publications/rdp/2022/2022-03/appendix-a.html
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Restructuring and Reform: China 2016 | Conference – 2016

18 Mar 2016 Conferences
Barry Naughton
In fact, looking at current price shares of GDP can be extremely misleading. ... Credit growth fell below nominal GDP growth for the only time this decade.
https://www.rba.gov.au/publications/confs/2016/naughton.html

New Financial Stability Governance and Central Banks | Conference – 2017

16 Mar 2017 Conferences
Rochelle Edge and Nellie Liang
economies. Preliminary regression results suggest that the most significant determinants of having a governance structure where the CB is the single responsible agency are that the economy's GDP is small, ... of the FSC in emerging market and developing
https://www.rba.gov.au/publications/confs/2017/edge-liang.html

What Went Right in the 1990s? Sources of American and Prospects for World Economic Growth

24 Nov 2006 Conferences PDF 43KB
RBA Conference Volume 2000
https://www.rba.gov.au/publications/confs/2000/pdf/delong.pdf

Conclusion

22 Mar 2023 RDP 2023-03
Jonathan Hambur and Dan Andrews
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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The Changing Role of the Private Sector in China | Conference – 2016

18 Mar 2016 Conferences
Nicholas Lardy
While the debt-to-GDP ratio has soared, including a huge increase in the debt of industrial firms, this has not resulted in a noticeable increase in the leverage ratio (the ... The rising productivity gap also helps to identify what should be the real
https://www.rba.gov.au/publications/confs/2016/lardy.html

Twenty-five Years of Inflation Targeting in Australia: Are There Better Alternatives for the Next Twenty-five Years? | Conference – 2018

12 Apr 2018 Conferences
Warwick J McKibbin and Augustus J Panton
Sustainable growth of nominal GDP is more important than low inflation in a highly leveraged world. ... December one-year-ahead forecast for nominal GDP performance is better than the inflation forecast performance.
https://www.rba.gov.au/publications/confs/2018/mckibbin-panton.html