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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MARTIN Has Its Place: A Macroeconometric Model of the Australian Economy
20 Aug 2019
RDP
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1571KB
In conjunction. with Assumption 1, this means that expenditure components of GDP, like consumption or. ... these variables determine the potential growth rates of GDP, employment and real wages.
https://www.rba.gov.au/publications/rdp/2019/pdf/rdp2019-07.pdf
Does Monetary Policy Affect Non-mining Business Investment in Australia? Evidence from BLADE
7 Jan 2024
RDP
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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
Non-technical summary for 'The Unit-effect Normalisation in Set-identified Structural Vector Autoregressions'
5 Oct 2022
RDP
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548KB
RDP 2022-04 non-technical summary
https://www.rba.gov.au/publications/rdp/2022/2022-04/rdp-2022-04-non-technical-summary.pdf
Read me file for Cost-benefit Analysis of Leaning against the Wind
8 Jul 2019
RDP
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483KB
RDP 2019-05 supplementary information
https://www.rba.gov.au/publications/rdp/2019/2019-05/rdp-2019-05-read-me.pdf
Financial Conditions and Downside Risk to Economic Activity in Australia
17 Mar 2021
RDP
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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
Read me file for Smells Like Animal Spirits: The Effect of Corporate Sentiment on Investment
28 Nov 2021
RDP
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551KB
RDP 2021-11 supplementary information
https://www.rba.gov.au/publications/rdp/2021/2021-11/rdp-2021-11-read-me.pdf
Estimating the Effects of Monetary Policy in Australia Using Sign-restricted Structural Vector Autoregressions
29 Dec 2022
RDP
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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
Monetary Policy, Equity Markets and the Information Effect
24 Oct 2021
RDP
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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
Doing Less, with Less: Capital Misallocation, Investment and the Productivity Slowdown in Australia
16 Mar 2023
RDP
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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
Non-technical summary for 'MARTIN Gets a Bank Account: Adding a Banking Sector to the RBA's Macroeconometric Model'
13 Jan 2022
RDP
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539KB
RDP 2022-01 non-technical summary
https://www.rba.gov.au/publications/rdp/2022/2022-01/rdp-2022-01-non-technical-summary.pdf