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Empalme PIB: Series Anuales y Trimestrales 1986 - 1995, Base 1996. Documento Metodológico

Author

Listed:
  • Víctor Correa
  • Antonio Escandón
  • René Luengo
  • José Venegas.

Abstract

In March 2002 the Central Bank published a new data series of National Accounts for Chile for the period 1996-2001, using 1996 as the new base period. In order to provide users with longer annual and quarterly time series, this paper links the 1986 base period GDP series with the 1996 base period GDP data (for total GDP and expenditure components). The paper discusses the methodologies and recommendations made by SNA 93, the European System of National Accounts, and specific countries. Past retropolations to Chilean national accounts and the linking methodology used are also discussed. Finally, the paper annex provides a simple numerical example to illustrate the change of base period and the standard problems that have to be addressed in these cases.

Suggested Citation

  • Víctor Correa & Antonio Escandón & René Luengo & José Venegas., 2002. "Empalme PIB: Series Anuales y Trimestrales 1986 - 1995, Base 1996. Documento Metodológico," Working Papers Central Bank of Chile 179, Central Bank of Chile.
  • Handle: RePEc:chb:bcchwp:179
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    File URL: https://www.bcentral.cl/documents/33528/133326/DTBC_179.pdf
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    Cited by:

    1. Ms. Concha Verdugo Yepes & Mr. Peter L. Pedroni & Xingwei Hu, 2015. "Crime and the Economy in Mexican States: Heterogeneous Panel Estimates (1993-2012)," IMF Working Papers 2015/121, International Monetary Fund.
    2. Pedauga, Luis Enrique, 2009. "Alternativas metodológicas para el empalme estadístico de serie temporales: caso Venezuela 1950 – 2005 [An alternative method for splicing time series: Case Venezuela 1950 - 2005]," MPRA Paper 35409, University Library of Munich, Germany.
    3. Michael Pedersen, 2013. "Extracting GDP signals from the monthly indicator of economic activity: Evidence from Chilean real-time data," OECD Journal: Journal of Business Cycle Measurement and Analysis, OECD Publishing, Centre for International Research on Economic Tendency Surveys, vol. 2013(1), pages 1-16.
    4. Josué Pérez Toledo, 2003. "The Chilean Economy’s Capital Stock and Allocation by Sectors," Working Papers Central Bank of Chile 233, Central Bank of Chile.
    5. Solange Berstein & Alejandro Micco, 2002. "Turnover and Regulation: The Chilean Pension Fund Industry," Working Papers Central Bank of Chile 180, Central Bank of Chile.
    6. -, 2018. "Economic Survey of Latin America and the Caribbean 2018. Evolution of investment in Latin America and the Caribbean: stylized facts, determinants and policy challenges," Estudio Económico de América Latina y el Caribe, Naciones Unidas Comisión Económica para América Latina y el Caribe (CEPAL), number 43965 edited by Eclac.

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