The Development of Leading Indicators for the South African Building Industry

G J J Snyman

Studies in Economics and Econometrics, 1996, vol. 20, issue 1, 85-98

Abstract: Leading indicators are developed for the South African building industry using qualitative and quantitative data. A scoring system developed by the National Bureau of Economic Research, USA, is applied to determine the weights of the individual time series. Six criteria are applied when assessing and selecting the indicators. These are: economic significance, statistical adequacy, timing at revivals and recessions, conformity to historical business cycles, smoothness, and currency or timeliness. It is found that the composite leading indicators lead cyclical turning points in the South African building industry by between one and three quarters.

Date: 1996
References: Add references at CitEc
Citations:

Downloads: (external link)
http://hdl.handle.net/10.1080/03796205.1996.12129090 (text/html)
Access to full text is restricted to subscribers.

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: https://EconPapers.repec.org/RePEc:taf:rseexx:v:20:y:1996:i:1:p:85-98

Ordering information: This journal article can be ordered from
http://www.tandfonline.com/pricing/journal/rsee20

DOI: 10.1080/03796205.1996.12129090

Access Statistics for this article

Studies in Economics and Econometrics is currently edited by Willem Bester

More articles in Studies in Economics and Econometrics from Taylor & Francis Journals
Bibliographic data for series maintained by Chris Longhurst ().