Economics at your fingertips  

An analysis of the reliability of first (flash) quarterly national account data releases for Greece

Nicholas Zonzilos (), Zacharias Bragoudakis () and Georgia Pavlou

Economic Bulletin, 2009, issue 32, 39-51

Abstract: In this article, the reliability of first (flash) quarterly national account data estimates compiled and released by the National Statistical Service of Greece is examined. The reliability of the flash quarterly estimates is assessed through a set of standard statistics measuring the size, direction and volatility of the revisions. The evaluation of the revisions encompasses all the demand components. The results provide evidence that the first quarterly estimate of total GDP (both the year-on-year and the quarter-on-quarter estimates) is barely revised in prospective NSSG releases, while higher revisions are observed for GDP components.

Keywords: flash estimates of GDP; Greece (search for similar items in EconPapers)
JEL-codes: E37 (search for similar items in EconPapers)
Date: 2009
References: View references in EconPapers View complete reference list from CitEc
Citations: View citations in EconPapers (35) Track citations by RSS feed

Downloads: (external link) (application/pdf)

Related works:
This item may be available elsewhere in EconPapers: Search for items with the same title.

Export reference: BibTeX RIS (EndNote, ProCite, RefMan) HTML/Text

Persistent link:

Access Statistics for this article

Economic Bulletin is currently edited by Heather Gibson

More articles in Economic Bulletin from Bank of Greece Contact information at EDIRC.
Bibliographic data for series maintained by Christina Tsochatzi ().

Page updated 2020-02-24
Handle: RePEc:bog:econbl:y:2009:i:32:p:39-51