Regional output growth in the United Kingdom : more timely and higher frequency estimates from 1970
Koop, Gary and McIntyre, Stuart and Mitchell, James and Poon, Aubrey (2020) Regional output growth in the United Kingdom : more timely and higher frequency estimates from 1970. Journal of Applied Econometrics, 35 (2). pp. 176-197. ISSN 0883-7252 (https://doi.org/10.1002/jae.2748)
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Abstract
Output growth estimates for regions of the UK are currently published at an annual frequency only, released with a long delay, and offer limited historical coverage. To improve the regional database this paper develops a mixed-frequency multivariate model and uses it to produce consistent estimates of quarterly regional output growth dating back to 1970. We describe how these estimates are updated and evaluated on an ongoing, quarterly basis to publish online (at www.escoe.ac.uk/regionalnowcasting) more timely regional growth estimates. We illustrate how the new quarterly data can contribute to our historical understanding of business cycle dynamics and connectedness between regions.
ORCID iDs
Koop, Gary ORCID: https://orcid.org/0000-0002-6091-378X, McIntyre, Stuart ORCID: https://orcid.org/0000-0002-0640-7544, Mitchell, James and Poon, Aubrey ORCID: https://orcid.org/0000-0003-2587-8779;-
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Item type: Article ID code: 70563 Dates: DateEvent4 March 2020Published17 December 2019Published Online12 November 2019AcceptedSubjects: Social Sciences > Communities. Classes. Races > Regional economics. Space in economics Department: Strathclyde Business School > Economics Depositing user: Pure Administrator Date deposited: 18 Nov 2019 16:31 Last modified: 11 Nov 2024 12:30 Related URLs: URI: https://strathprints.strath.ac.uk/id/eprint/70563