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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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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

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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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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Doing Less, with Less: Capital Misallocation, Investment and the Productivity Slowdown in Australia

16 Mar 2023 RDP PDF 1288KB
cent of GDP) larger, equating to around $550 per person or $1,000 per worker.
https://www.rba.gov.au/publications/rdp/2023/pdf/rdp2023-03.pdf

Estimating the Effects of Monetary Policy in Australia Using Sign-restricted Structural Vector Autoregressions

29 Dec 2022 RDP PDF 1886KB
Notes: Restrictions on coefficients in the monetary policy reaction function (real GDP, CPI and TWI). ... GDP, CPI and TWI). Impulse responses are to a positive, standard deviation monetary policy shock.
https://www.rba.gov.au/publications/rdp/2022/pdf/rdp2022-09.pdf

Financial Conditions and Downside Risk to Economic Activity in Australia

17 Mar 2021 RDP PDF 1966KB
informative than current GDP growth in explaining the quantiles of future GDP growth. ... consistent with those for GDP growth. Generally, more restrictive current financial conditions have.
https://www.rba.gov.au/publications/rdp/2021/pdf/rdp2021-03.pdf

Data Description

21 Jun 2023 RDP 2023-05
Callan Windsor, Terhi Jokipii and Matthieu Bussiere
Panel D: Baseline macro controls. Real GDP growth. Year-on-year growth in real GDP.
https://www.rba.gov.au/publications/rdp/2023/2023-05/data-description.html
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Monetary Policy, Equity Markets and the Information Effect

24 Oct 2021 RDP PDF 1573KB
research has shown aggregated market forecasts have produced superior GDP forecasts to the RBA. ... including inflation, GDP and the unemployment rate. International evidence also supports the idea.
https://www.rba.gov.au/publications/rdp/2021/pdf/rdp2021-04.pdf

The Evolution of Payment Costs in Australia

3 Dec 2014 RDP 2014-14
Chris Stewart, Iris Chan, Crystal Ossolinski, David Halperin and Paul Ryan
The results suggest that the resource costs of the payments system have fallen as a per cent of GDP since 2006.
https://www.rba.gov.au/publications/rdp/2014/2014-14.html
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The Distributional Effects of Monetary Policy: Evidence from Local Housing Markets

1 Feb 2020 RDP 2020-02
Calvin He and Gianni La Cava
The controls include variables that capture macroeconomic conditions, including GDP growth, the terms of trade and the unemployment rate, as well as lagged changes in the cash rate. ... Y. t. h. |. t. f. c. represents the Reserve Bank's forecasts and
https://www.rba.gov.au/publications/rdp/2020/2020-02/full.html
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