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 A: Data Sources
31 Dec 2013
RDP
2013-14
All prices are measured in real terms (deflated by the US GDP deflator). ... Non-mining GDP is sourced from the ABS and RBA. We use non-farm GDP in chain volume terms, ABS Catalogue No 5206.0, Table 41, less an estimate of mining
https://www.rba.gov.au/publications/rdp/2013/2013-14/appendix-a.html
Motivation
31 Dec 2013
RDP
2013-14
That is, we estimate:. where z. t. is vector of observable variables including real resource prices, the real TWI, the ratio of non-mining GDP to the stock of natural reserves, ... A small, though not statistically significant, decline in the ratio of non
https://www.rba.gov.au/publications/rdp/2013/2013-14/motivation.html
Natural Resources in a Small Open Economy
31 Dec 2013
RDP
2013-14
mining GDP to reserves, or the ratio of mining capital expenditure to reserves), l denotes the time horizon from the initial impulse (one being the period in which the resource price
https://www.rba.gov.au/publications/rdp/2013/2013-14/natural-resources-small-economy.html