QSBO as a forecasting tool

Peter O'Connor and Qing Yang
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Peter O'Connor: New Zealand Institute of Economic Research
Qing Yang: New Zealand Institute of Economic Research

No 2011/5, NZIER Working Paper from New Zealand Institute of Economic Research

Abstract: NZIER’s Quarterly Survey of Business Opinion (QSBO) contains a 50 year history of business opinion. While its predictive capabilities are well known, there are many more applications that can be pursued using QSBO data. This paper investigates one application, using the QSBO to forecast GDP and inflation up to four quarters ahead of official data releases.

Keywords: economic forecasting; business surveys (search for similar items in EconPapers)
JEL-codes: C53 E32 (search for similar items in EconPapers)
Pages: 16 pages
Date: 2011-10-19
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Persistent link: https://EconPapers.repec.org/RePEc:ris:nzierw:2011_005

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