Aternatywne specyfikacje syntetycznego wskaźnika koniunktury IRG SGH
Alternative Specifications of the Synthetic Indicator of Business Activity for Poland
Languages of publication
The paper brings four alternative sets of estimated values of the synthetic indicator of business for Poland, based on the RIED's survey data covering industry, construction, agriculture, trade, and households. These include: (a) original time series of the synthetic indicator as calculated by the RIED; (b) a modified version, with the industrial confidence indicator compiled according to the UE formula; (c) a reducaed three-sector version (industry, construction and households) used in the OECDl (d) an experimental version based on the author's concept of variable quotient weights reflecting the dynamics of individual sectors. The last part shows the monthly growth rates of the GDP in 1995, estimated on the basis of the alternative formulas of the synthetic indicator.
Publication order reference