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

B-Tier
Journal: Journal of Applied Econometrics
Year: 2020
Volume: 35
Issue: 2
Pages: 176-197

Score contribution per author:

0.503 = (α=2.01 / 4 authors) × 1.0x B-tier

α: calibrated so average coauthorship-adjusted count equals average raw count

Abstract

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

Technical Details

RePEc Handle
repec:wly:japmet:v:35:y:2020:i:2:p:176-197
Journal Field
Econometrics
Author Count
4
Added to Database
2026-01-25