Regional output growth in the United Kingdom: more timely and higher frequency estimates from 1970

Gary Koop; Stuart McIntyre; James Mitchell; Aubrey Poon

doi:10.1002/jae.2748

Regional output growth in the United Kingdom: more timely and higher frequency estimates from 1970

Gary Koop, Stuart McIntyre, James Mitchell, Aubrey Poon

Research output: Contribution to journal › Article › peer-review

6 Citations (Scopus)

Abstract

Output growth estimates for the regions of the UK are currently published at the 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.

Original language	English
Pages (from-to)	176-197
Number of pages	22
Journal	Journal of Applied Econometrics
Volume	35
Issue number	2
Early online date	17 Dec 2019
DOIs	https://doi.org/10.1002/jae.2748
Publication status	Published - 4 Mar 2020

Keywords

regional data
mixed frequency
Nowcasting
real-time data
vector auto-regression

Access to Document

10.1002/jae.2748

https://onlinelibrary.wiley.com/journal/10991255

Embargoed Document

Koop-etal-JAE-2019-Regional-output-growth-in-the-united-kingdom
Accepted author manuscript, 882 KB
Embargo ends: 17/12/21

Gary Koop
- gary.koop@strath.ac.uk
- Economics - Professor
- SIRE
Person: Academic

ARCHIE-WeSt (UOSHPC)
Richard Martin (Manager)
University Of Strathclyde
Facility/equipment: Facility

6 Citations
1 Discussion paper

Regional Output Growth in the United Kingdom: More Timely And Higher Frequency Estimates,1970-2017
Koop, G., McIntyre, S., Mitchell, J. & Poon, A., 20 Nov 2018, London, p. 1-54, 54 p.
Research output: Working paper › Discussion paper

Open Access
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Cite this

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KW - Nowcasting

KW - real-time data

KW - vector auto-regression

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JF - Journal of Applied Econometrics

SN - 0883-7252

IS - 2

ER -

Regional output growth in the United Kingdom: more timely and higher frequency estimates from 1970

Abstract

Keywords

Access to Document

Embargoed Document

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Profiles

Gary Koop

Equipment

ARCHIE-WeSt (UOSHPC)

Research output

Regional Output Growth in the United Kingdom: More Timely And Higher Frequency Estimates,1970-2017

Cite this