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Greek GDP forecast estimates

Author

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  • Michail Kiriakidis
  • Antonios Kargas

Abstract

The papers scope is to use historical data in order to forecast Greek Gross Domestic Product (GDP). By using a range of forecasting models the Greek economy's performance is investigated and the main indicators are revealed. Main findings are the revealing of important economic indexes determining the Greek GDP as retail trade index, industrial production index, unemployment rate and touristic index, and the forecast of high recession for the year 2012.

Suggested Citation

  • Michail Kiriakidis & Antonios Kargas, 2013. "Greek GDP forecast estimates," Applied Economics Letters, Taylor & Francis Journals, vol. 20(8), pages 767-772, May.
  • Handle: RePEc:taf:apeclt:v:20:y:2013:i:8:p:767-772
    DOI: 10.1080/13504851.2012.744128
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    Cited by:

    1. Abdullah Ghazo, 2021. "Applying the ARIMA Model to the Process of Forecasting GDP and CPI in the Jordanian Economy," International Journal of Financial Research, International Journal of Financial Research, Sciedu Press, vol. 12(3), pages 70-77, May.
    2. Garnitz, Johanna & Lehmann, Robert & Wohlrabe, Klaus, 2019. "Forecasting GDP all over the world using leading indicators based on comprehensive survey data," EconStor Open Access Articles and Book Chapters, ZBW - Leibniz Information Centre for Economics, vol. 51(54), pages 5802-5816.
    3. Dimitris P. Louzis, 2014. "Macroeconomic and credit forecasts in a small economy during crisis: A large Bayesian VAR approach," Working Papers 184, Bank of Greece.
    4. Dimitrios P. Louzis, 2017. "Macroeconomic and credit forecasts during the Greek crisis using Bayesian VARs," Empirical Economics, Springer, vol. 53(2), pages 569-598, September.
    5. Athanassios Petralias & Sotirios Petros & Pródromos Prodromídis, 2013. "Greece in Recession: Economic predictions, mispredictions and policy implications," GreeSE – Hellenic Observatory Papers on Greece and Southeast Europe 75, Hellenic Observatory, LSE.
    6. Garnitz, Johanna & Lehmann, Robert & Wohlrabe, Klaus, 2019. "Forecasting GDP all over the world using leading indicators based on comprehensive survey data," EconStor Open Access Articles and Book Chapters, ZBW - Leibniz Information Centre for Economics, vol. 51(54), pages 5802-5816.
    7. T. Efthimiadis & S. Papaioannou & P. Tsintzos, 2013. "Economic growth in Greece: the cost of a failed adjustment programme," Applied Economics Letters, Taylor & Francis Journals, vol. 20(11), pages 1076-1080, July.

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