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A Monthly Indicator of Economic Growth for Low Income Countries
Author:
Mr. Michael Stanger
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Series:
IMF Working Papers
Volume/Issue:
Volume 2020: Issue 013
Language:
English
Publication Date:
17 Jan 2020
DOI:
https://doi.org/10.5089/9781513525853.001
ISBN:
9781513525853
ISSN:
1018-5941
Pages:
25
Keywords:
WP; MIEG; statistics; estimate; indicator; price statistics; high frequency economic activity measure; report production indexes to the IMF; consumer confidence; trend-cycle estimate; economic activity indicator; business cycle indicators start; employment statistics; high-frequency indicator; quarterly economic activity indicator; electricity production; Production index; Business cycles; Economic activity; System of National Accounts; GDP
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IMF Working Papers describe research in progress by the author(s) and are published to elicit comments and to encourage debate. The views expressed in IMF Working Papers are those of the author(s) and do not necessarily represent the views of the IMF, its Executive Board, or IMF management.
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Monthly economic indicators support policy analysis of current economic developments and forecasting. This paper presents an overview of the data and statistical requirements to develop those indicators taking into account resource constraints that LIC typically face. We review statistical procedures for developing these indicators under the System of National Accounts and propose a general procedure to derive a monthly composite indicator of economic growth in low income economies.
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Cover IMF Working Papers
IMF Working Papers
ISSN:
1018-5941
Publisher:
International Monetary Fund
Volume 2020: Issue 013