Abstract
Abstract. Advancements in data collection and data processing techniques revolutionized access to higher frequency data. A large body of literature focusses on these higher frequency data in advanced economies. In contrast, small less-developed economies often lack adequate and reliable databases of high-frequency economic indicators. We construct a monthly GDP indicator, using a well-established statistical methodology. To monitor the quality of the indicator, we treat it as an in-sample forecast with respect to December observation of GDP for 2012 -2018. The results show that the constructed monthly GDP indicator is reliable and therefore its methodology applicable in many small developing countries.
Keywords. Monthly GDP indicator, GDP.
JEL. C51, E30, E32.References
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