OECD Journal: Journal of Business Cycle Measurement and Analysis
- Discontinué
- Fait suite à :
- Journal of Business Cycle Measurement and Analysis
The Journal of Business Cycle Measurement and Analysis has been discontinued as of 24 June 2016. This journal was published jointly with CIRET from 2004 to 2015. For more information see www.ciret.org/jbcy.
- Semestriel
- ISSN : 19952899 (en ligne)
- https://doi.org/10.1787/19952899
Construction of composite business cycle indicators in a scarce data environment
A case study for Abu Dhabi
Business cycle indicators are important instruments for monitoring economic development. When employing indicators one usually relies on a sound statistical database. This paper deals with indicator development in a scarce data situation. Indicator building is merged with temporal disaggregation, which is often used by statistical offices. The discussed tools are applied in a case study for Abu Dhabi. Because the economy of Abu Dhabi is very dependent on oil, real income reflects the economic situation better than real gross domestic product (GDP). For this reason a measure of real gross domestic income (GDI) was chosen as reference series.
Keywords: Business cycle indicators, temporal disaggregation, terms of trade, oilproducing countries
JEL code: E01, E32, C22