Discrepancies Between Quarterly GDP Estimates

September 1, 1997

Preview Citation

Format: Chicago

Adriaan M. Bloem Discrepancies Between Quarterly GDP Estimates, (USA: International Monetary Fund, 1997) accessed September 27, 2024

Disclaimer: This Working Paper should not be reported as representing the views of the IMF.The views expressed in this Working Paper are those of the author(s) and do not necessarily represent those of the IMF or IMF policy. Working Papers describe research in progress by the author(s) and are published to elicit comments and to further debate

Summary

Countries compiling quarterly estimates for gross domestic product (GDP) often use alternative approaches simultaneously. This may result in the publication of different measures of quarterly GDP and discrepancies between these measures. Such discrepancies are unavoidable, unless reconciliation takes place or the measures are mutually interdependent. This paper examines international practices in this respect, focusing on OECD member countries that publish quarterly GDP data. Of these, five publish GDP data with discrepancies—the United States, the United Kingdom, Canada, Australia, and New Zealand—and the paper examines causes and the development of these discrepancies.

Subject: Expenditure, GDP measurement, Income, National accounts, Personal income

Keywords: Current price, Expenditure estimate, Expenditure measure, GDP discrepancy, GDP estimate, GDP measurement, GDP reconciliation, Income, Income estimate, Income measure, Personal income, Procedure, Production estimate, Quarterly national accounts, WP

Publication Details

Pages:

39
Volume:

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DOI:

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Issue:

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Series:

Working Paper No. 1997/123
Stock No:

WPIEA1231997
ISBN:

9781451854572
ISSN:

1018-5941

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