Tracking Short-Term Dynamics of Economic Activity in Low-Income Countries in the Absence of High-Frequency GDP Data

WPIEA2012119 Image
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Author/Editor: Shiv Dixit, Maxwell Opoku-Afari
Release Date: © May, 2012
ISBN : 978-1-47550-348-7
Stock #: WPIEA2012119
Stock Status: On back-order

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This paper uses a set of routinely collected high-frequency data in low-income countries (LICs) to construct an aggregate and a comprehensive index of economic activity which could serve (i) as a measure of the direction of economic activity; and (ii) as a useful input in analyzing contemporaneous real sector performance in LICs in the absence of high-frequency, and often outdated, GDP data. It could also serve as a useful tool for policymakers to gauge short-term dynamics of economic activity and shape appropriate and timely policy responses.


Business cycles , Economic development

More publications in this series: Working Papers

More publications by: Shiv Dixit ; Maxwell Opoku-Afari