On Distributing Quarterly National Growth among Regions

José Manuel Pavía and Bernardí Cabrer
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José Manuel Pavía: Departamento Economía Aplicada, Universidad de Valencia, 40022, Valencia, Spain
Bernardí Cabrer: Departamento Análisis Económico, Facultad de Economía, Campus Els Tarongers, Universidad de Valencia, 46022 Valencia, Spain

Environment and Planning A, 2008, vol. 40, issue 10, 2453-2468

Abstract: In many countries a very important fraction of public expenditure is managed by regional authorities. However, in a world where economic life has quickened and become more turbulent, subnational institutions rarely have a timely regional macroeconomic picture at their disposal. The authors propose a guide to a method for estimating quarterly accounts of regions from the national quarterly and annual regional accounts, by the use of a temporal structure which eliminates possible spurious jumps. The robustness of the process and suggested practicalities are tested, and the proposal is also shown to produce better estimates than other uniregional methods often used in this framework.

Date: 2008
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Persistent link: https://EconPapers.repec.org/RePEc:sae:envira:v:40:y:2008:i:10:p:2453-2468

DOI: 10.1068/a39132

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