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GDP Growth Rates Calculated from Quarterly National Accounts: Discrepancies and Revisions

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  • G. C. Lim

Abstract

The differences between income‐based and expenditure‐based rates of real GDP growth are examined. The extent to which initial growth rates are subsequently affected by data revisions is documented. Results of regressions of first reported growth rates on the growth rates reported in QNA June 1985 are presented for three samples ‐ the sample of income‐based estimates of GDP growth rates, the sample of expenditure‐based estimates and the sample of mean rates (average of the two estimates).

Suggested Citation

  • G. C. Lim, 1985. "GDP Growth Rates Calculated from Quarterly National Accounts: Discrepancies and Revisions," Australian Economic Review, The University of Melbourne, Melbourne Institute of Applied Economic and Social Research, vol. 18(4), pages 21-27, December.
    • Handle: RePEc:bla:ausecr:v:18:y:1985:i:4:p:21-27
    DOI: 10.1111/j.1467-8462.1985.tb00301.x
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    Cited by:

    1. Christopher Bajada, 2001. "An Examination of the Statistical Discrepancy and Private Investment Expenditure," Journal of Applied Economics, Universidad del CEMA, vol. 4, pages 27-61, May.
    2. Daina McDonald & B. R. Parmenter, 1985. "The Australian Economy: Current Situation and Outlook to 1986‐87," Australian Economic Review, The University of Melbourne, Melbourne Institute of Applied Economic and Social Research, vol. 18(4), pages 3-20, December.
    3. Daina McDonald, 1988. "A Description of Recent Developments in the Australian Economy: An Update to 1 987–88," Australian Economic Review, The University of Melbourne, Melbourne Institute of Applied Economic and Social Research, vol. 21(3), pages 77-80, September.
    4. Christopher Bajada, 2002. "The Effects of Inflation and the Business Cycle on Revisions of Macroeconomic Data," Australian Economic Review, The University of Melbourne, Melbourne Institute of Applied Economic and Social Research, vol. 35(3), pages 276-286, September.
    5. Kevin Lee & Nilss Olekalns & Kalvinder Shields & Zheng Wang, 2012. "Australian Real-Time Database: An Overview and an Illustration of its Use in Business Cycle Analysis," The Economic Record, The Economic Society of Australia, vol. 88(283), pages 495-516, December.
    6. Peter B. DixonA & Daina McDonald, 1986. "The Australian Economy in 1985–86 and 1986–87," Australian Economic Review, The University of Melbourne, Melbourne Institute of Applied Economic and Social Research, vol. 19(2), pages 3-21, June.
    7. Philip D. Adams, 1989. "Recent Developments in the Australian Economy: An Update to 1988‐89," Australian Economic Review, The University of Melbourne, Melbourne Institute of Applied Economic and Social Research, vol. 22(3), pages 39-44, September.

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