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Un indicateur de croissance infra-annuelle pour l'économie française

Eric Heyer and Hervé Péléraux

Revue de l'OFCE, 2004, vol. 88, issue 1, 203-218

Abstract: This paper presents a new indicator for the French GDP growth, put forward by the Analysis and Forecast Department of the OFCE. This indicator is based on the estimation of an equation with the quarterly GDP rate of change as the dependent variable, business survey series and financial series as independent variables. These series include the business survey in the service sector which was not used until now since series were not sufficiently long. The lead of the service survey is long enough to forecast the GDP growth rate two quarters ahead. The same applies to the construction survey and financial variables. This is not the case for the industrial confidence index, which is a coincident series, and has to be predicted with an auxiliary equation. The running of the indicator over the last three years is assessed.

Date: 2004
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Working Paper: Un indicateur de croissance infra-annuelle pour l'économie française (2004) Downloads
Working Paper: Un indicateur de croissance infra-annuelle pour l'économie française (2004) Downloads
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