Toward a more reliable picture of the economic activity: An application to Argentina
Maximo Camacho,
Marcos Dal Bianco and
Jaime Martinez-Martin
Economics Letters, 2015, vol. 132, issue C, 129-132
Abstract:
We advocate a dynamic factor model to provide alternative measures of output data using indirect information from economic indicators. We apply the method to show evidence of a significant gap between estimated and official measures of Argentine GDP since 2007.
Keywords: Business cycles; Output growth; Dynamic factor models; Argentina (search for similar items in EconPapers)
JEL-codes: C53 E01 E27 E32 E37 (search for similar items in EconPapers)
Date: 2015
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Citations: View citations in EconPapers (6)
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Persistent link: https://EconPapers.repec.org/RePEc:eee:ecolet:v:132:y:2015:i:c:p:129-132
DOI: 10.1016/j.econlet.2015.03.032
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