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 1: Data
1 Dec 1993
RDP
9314
RDP 9314: The Demand for Money in Australia: New Tests on an old Topic Appendix 1: Data. Gordon de Brouwer, Irene Ng and Robert Subbaraman. December 1993. Download the Paper 135. KB. Definition: Holdings of notes and coins by the non-bank private
https://www.rba.gov.au/publications/rdp/1993/9314/appendix-1.html
Cointegration
1 Dec 1993
RDP
9314
Table 3: Summary of Cointegration Results. Regressors Money Aggregates. GDP. GDP O/R. ... Equation. GDP. GNE. PFD. BILL. 2YR. 10YR. Currency. 1.1019. (25.11). 0.0104.
https://www.rba.gov.au/publications/rdp/1993/9314/cointegration.html
The State of Play
1 Dec 1993
RDP
9314
Both Orden and Fisher and de Haan and Zelhorst find that M3 and GDP were cointegrated before deregulation but not after. ... Lim and Martin (1991), on the other hand, conclude that M3 and GDP are cointegrated even after deregulation.
https://www.rba.gov.au/publications/rdp/1993/9314/state-of-play.html
The Data and Their Order of Integration
1 Dec 1993
RDP
9314
Nominal M3. Real GDP, nominal 13-week Treasury note rate and GDP deflator. ... Hargreaves (1991). Real money base and real M1 (alternatively deflated by GDP and GNE deflators).
https://www.rba.gov.au/publications/rdp/1993/9314/data-order-integration.html
Introduction
1 Dec 1993
RDP
9314
Figure 1, which plots both the ratio of M3 to GDP and its trend based on its behaviour over the 1960s and 1970s, provides one illustration of the sometimes sharp and
https://www.rba.gov.au/publications/rdp/1993/9314/introduction.html