Nowcasting the Scottish economy

Allan, Grant and Koop, Gary and McIntyre, Stuart and Smith, Paul (2014) Nowcasting the Scottish economy. Fraser of Allander Economic Commentary, 38 (2). pp. 93-96. ISSN 2046-5378

[img]
Preview
 PDF (FEC_38_2_2014_AllanGKoopGMcIntyreSSmithP)
FEC_38_2_2014_AllanGKoopGMcIntyreSSmithP.pdf
Final Published Version
Download (333kB)| Preview

    Abstract

    Given the significant lag between the end of a quarter and the release of Scottish GVA estimates, there are considerable advantages to be gained from improvements in short term forecasting or nowcasting. In addition, with the planned devolution of further economic powers to the Scottish Parliament, a better understanding of the nature and evolution of the Scottish economy is likely to be particularly valuable. In the coming months we will begin to release estimates of Scottish GVA using our nowcasting model, and we hope that this work will be of interest and use to readers of the Fraser Economic Commentary.

    Creators(s): Allan, Grant ORCID logoORCID: https://orcid.org/0000-0002-1404-2768, Koop, Gary ORCID logoORCID: https://orcid.org/0000-0002-6091-378X, McIntyre, Stuart ORCID logoORCID: https://orcid.org/0000-0002-0640-7544 and Smith, Paul ORCID logoORCID: https://orcid.org/0000-0002-3493-3007; Kane, Kevin
    Item type:Article
    ID code:50286
    Keywords:Scottish economic conditions, real time economics, Scottish economic indicators, Economic Theory, Economics and Econometrics
    Subjects:Social Sciences > Economic Theory
    Department:Strathclyde Business School > Economics
    Strathclyde Business School > Fraser of Allander Institute
    Depositing user: Pure Administrator
    Date deposited:12 Nov 2014 13:13
    Last modified:09 Jul 2020 02:11
    Related URLs:
    URI:https://strathprints.strath.ac.uk/id/eprint/50286
    Export data:
    CORE (COnnecting REpositories)