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 B: Data
1 Oct 1997
RDP
9705
Nominal GDP was needed to construct current account and government fiscal balances as a ratio to GDP. ... In order to construct the ratio of the current account to GDP, nominal GDP in local currencies had to be converted using the exchange rate.
https://www.rba.gov.au/publications/rdp/1997/9705/appendix-b.html
Panel-data Regressions
1 Oct 1997
RDP
9705
As well as reflecting productivity shocks, real GDP growth also captures cycles in demand. ... section. Shocks to the growth rate of real GDP were constructed in a similar fashion for consistency.
https://www.rba.gov.au/publications/rdp/1997/9705/panel-data-regressions.html
Conclusion
1 Oct 1997
RDP
9705
where: ΔGVT is the demeaned first difference of the government fiscal balance (as a per cent of GDP); see Appendix B for more details. ... I used the level of real GDP per capita of a country to proxy the existence of credit constrained consumers.
https://www.rba.gov.au/publications/rdp/1997/9705/conclusion.html
Counting Episodes
1 Oct 1997
RDP
9705
The two variables introduced in this section are the current account balance (as a proportion of GDP) and the terms of trade. ... The current account (as a per cent to GDP) was transformed by demeaning the first difference of the series.
https://www.rba.gov.au/publications/rdp/1997/9705/counting-episodes.html
Appendix A: Further Results
1 Oct 1997
RDP
9705
RDP 9705: The Response of the Current Account to Terms of Trade Shocks: A Panel-data Study Appendix A: Further Results. Christopher Kent. October 1997. Download the Paper 163. KB. Table A1: Summary of Country Correlations Episodes and TOT Persistence
https://www.rba.gov.au/publications/rdp/1997/9705/appendix-a.html