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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A State-space Approach to Australian GDP Measurement
28 Oct 2014
RDP
2014-12
Research Discussion Paper – RDP 2014-12 A State-space Approach to Australian GDP Measurement Abstract. ... Across a range of specifications, our measures are substantially less volatile than headline GDP growth.
https://www.rba.gov.au/publications/rdp/2014/2014-12.html