Regional indexes of economic activity using a dynamic factor model. Argentina 1997-2019
We estimate a quarterly coincident index of regional economic activity for each Argentinean province between 1997 and 2019. A set of series related to the economic cycle is considered assuming that a common unobservable factor can be estimated using dynamic factor models. The lack of enough official...
Guardado en:
| Autores principales: | , , |
|---|---|
| Formato: | Artículo publishedVersion |
| Lenguaje: | Español |
| Publicado: |
CIMBAGE - IADCOM - Facultad de Ciencias Económicas - Universidad de Buenos Aires
2020
|
| Materias: | |
| Acceso en línea: | https://ojs.economicas.uba.ar/CIMBAGE/article/view/1943 https://repositoriouba.sisbi.uba.ar/gsdl/cgi-bin/library.cgi?a=d&c=cimbage&d=1943_oai |
| Aporte de: |
| Sumario: | We estimate a quarterly coincident index of regional economic activity for each Argentinean province between 1997 and 2019. A set of series related to the economic cycle is considered assuming that a common unobservable factor can be estimated using dynamic factor models. The lack of enough official statistics with a homogenous methodology for the estimation of regional economic indexes, justifies this attempt. The estimation of these indexes allows us to compare the economic cycle between provinces, accepting the trade-off between the homogeneity of the economic variables used in the estimation and the economic specificity of each province. |
|---|