EconPapers    
Economics at your fingertips  
 

An Empirical Comparison of Methods for Temporal Distribution and Interpolation at the National Accounts

Baoline Chen

BEA Papers from Bureau of Economic Analysis

Abstract: This study evaluates five mathematical and five statistical methods for temporal disaggregation in an attempt to select the most suitable method(s) for routine compilation of sub-annual estimates through temporal distribution and interpolation in the national accounts at BEA. The evaluation is conducted using 60 series of annual data from the National Economic Accounts, and the final sub-annual estimates are evaluated according to specific criteria to ensure high quality final estimates that are in compliance with operational policy at the national accounts. The study covers the cases of temporal disaggregation when 1) both annual and sub-annual information is available; 2) only annual data are available; 3) sub-annual estimates have both temporal and contemporaneous constraints; and 4) annual data contain negative values. The estimation results show that the modified Denton proportional first difference method outperforms the other methods, though the Casey-Trager growth preservation model is a close competitor in certain cases. Lagrange polynomial interpolation procedure is inferior to all other methods.

JEL-codes: E60 (search for similar items in EconPapers)
Date: 2007-08
References: View references in EconPapers View complete reference list from CitEc
Citations: View citations in EconPapers (17) Track citations by RSS feed

Downloads: (external link)
https://www.bea.gov/papers/pdf/chen_temp_aggregation_wp.pdf (application/pdf)
Our link check indicates that this URL is bad, the error code is: 404 Not Found

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:bea:papers:0077

Access Statistics for this paper

More papers in BEA Papers from Bureau of Economic Analysis Contact information at EDIRC.
Bibliographic data for series maintained by Bryn Whitmire (). This e-mail address is bad, please contact .

 
Page updated 2019-12-08
Handle: RePEc:bea:papers:0077