Indicators of Economic Activity: A Review
Economic indicators are used to measure the performance of the economy when other indicators, such as gross domestic product, may not provide information about the state of the economy in real time. This article provides a review of national and international literature about the construction of ind...
| Main Authors: | , , , |
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| Format: | Online |
| Language: | spa |
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Universidad Pedagógica y Tecnológica de Colombia
2017
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| Online Access: | https://revistas.uptc.edu.co/index.php/cenes/article/view/5132 |
| _version_ | 1801705954462400512 |
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| author | Sierra Suárez, Lya Paola Collazos-Rodríguez, Jaime Andrés Sanabria-Domínguez, Johana Vidal-Alejandro, Pavel |
| author_facet | Sierra Suárez, Lya Paola Collazos-Rodríguez, Jaime Andrés Sanabria-Domínguez, Johana Vidal-Alejandro, Pavel |
| author_sort | Sierra Suárez, Lya Paola |
| collection | OJS |
| description | Economic indicators are used to measure the performance of the economy when other indicators, such as gross domestic product, may not provide information about the state of the economy in real time. This article provides a review of national and international literature about the construction of indicators of economic activity. Additionally, a summary of the methodology most commonly used in the construction of indices of economic activity, Factorial Dynamic Model (MFD) and different types of estimation is offered. |
| format | Online |
| id | oai:oai.revistas.uptc.edu.co:article-5132 |
| institution | Revista Apuntes del Cenes |
| language | spa |
| publishDate | 2017 |
| publisher | Universidad Pedagógica y Tecnológica de Colombia |
| record_format | ojs |
| spelling | oai:oai.revistas.uptc.edu.co:article-51322022-11-16T16:07:26Z Indicators of Economic Activity: A Review La construcción de indicadores de la actividad económica: una revisión bibliográfica Sierra Suárez, Lya Paola Collazos-Rodríguez, Jaime Andrés Sanabria-Domínguez, Johana Vidal-Alejandro, Pavel index of economic activity dynamic factor model. indicador de actividad económica Modelo Factorial Dinámico. Economic indicators are used to measure the performance of the economy when other indicators, such as gross domestic product, may not provide information about the state of the economy in real time. This article provides a review of national and international literature about the construction of indicators of economic activity. Additionally, a summary of the methodology most commonly used in the construction of indices of economic activity, Factorial Dynamic Model (MFD) and different types of estimation is offered. Los indicadores de actividad económica son utilizados para medir el comportamiento de una economía cuando ningún otro tipo de indicador, como el producto interno bruto, puede proporcionar información sobre el estado de la economía de forma actualizada. En este documento se realiza una revisión de la literatura nacional e internacional sobre la construcción de indicadores de actividad económica. Adicionalmente, se ofrece un resumen de la metodología más utilizada en la construcción de índices de actividad económica, el modelo factorial dinámico (MFD) y sus diferentes tipos de estimación, resaltando las ventajas y desventajas. Finalmente, se presenta el método utilizado en la construcción del índice mensual de actividad económica para el Valle del Cauca (IMAE). Universidad Pedagógica y Tecnológica de Colombia 2017-06-20 info:eu-repo/semantics/article info:eu-repo/semantics/publishedVersion Peer reviewed Article text/html application/pdf https://revistas.uptc.edu.co/index.php/cenes/article/view/5132 10.19053/01203053.v36.n64.2017.5132 Apuntes del Cenes; Vol. 36 No. 64 (2017); 79-107 Apuntes del Cenes; Vol. 36 Núm. 64 (2017); 79-107 2256-5779 0120-3053 spa https://revistas.uptc.edu.co/index.php/cenes/article/view/5132/5407 https://revistas.uptc.edu.co/index.php/cenes/article/view/5132/5665 Copyright (c) 2017 Lya Paola Sierra Suárez, Jaime Andrés Collazos-Rodríguez, Johana Sanabria-Domínguez, Pavel Vidal-Alejandro http://creativecommons.org/licenses/by-nc-sa/4.0 |
| spellingShingle | index of economic activity dynamic factor model. indicador de actividad económica Modelo Factorial Dinámico. Sierra Suárez, Lya Paola Collazos-Rodríguez, Jaime Andrés Sanabria-Domínguez, Johana Vidal-Alejandro, Pavel Indicators of Economic Activity: A Review |
| title | Indicators of Economic Activity: A Review |
| title_alt | La construcción de indicadores de la actividad económica: una revisión bibliográfica |
| title_full | Indicators of Economic Activity: A Review |
| title_fullStr | Indicators of Economic Activity: A Review |
| title_full_unstemmed | Indicators of Economic Activity: A Review |
| title_short | Indicators of Economic Activity: A Review |
| title_sort | indicators of economic activity a review |
| topic | index of economic activity dynamic factor model. indicador de actividad económica Modelo Factorial Dinámico. |
| topic_facet | index of economic activity dynamic factor model. indicador de actividad económica Modelo Factorial Dinámico. |
| url | https://revistas.uptc.edu.co/index.php/cenes/article/view/5132 |
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