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On the extrapolation with the Denton proportional benchmarking method

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서명/저자사항On the extrapolation with the Denton proportional benchmarking method/ prepared by Tommaso Di Fonzo and Marco Marini.
개인저자Di Fonzo, Tommaso,author.
Marini, Marco,author,
단체저자명International Monetary Fund. Statistics Department.
발행사항[Place of publication not identified]: International Monetary Fund, 2012.
형태사항1 online resource: illustrations.
총서사항IMF working paper;WP/12/169
ISBN1475591055
9781475591057


서지주기Includes bibliographical references.
요약Statistical offices have often recourse to benchmarking methods for compiling quarterly national accounts (QNA). Benchmarking methods employ quarterly indicator series (i) to distribute annual, more reliable series of national accounts and (ii) to extrapolate the most recent quarters not yet covered by annual benchmarks. The Proportional First Differences (PFD) benchmarking method proposed by Denton (1971) is a widely used solution for distribution, but in extrapolation it may suffer when the movements in the indicator series do not match consistently the movements in the target annual benchmarks. For this reason, an enhanced formula for extrapolation was recommended by the IMF's Quarterly National Accounts Manual: Concepts, Data Sources, and Compilation (2001). We discuss the rationale behind this technique, and propose a matrix formulation of it. In addition, we present applications of the enhanced formula to artificial and real-life benchmarking examples showing how the extrapolations for the most recent quarters can be improved.
일반주제명Benchmarking (Management)
Managerial accounting.
National income --Statistical methods.
BUSINESS & ECONOMICS --Industrial Management.
BUSINESS & ECONOMICS --Management.
BUSINESS & ECONOMICS --Management Science.
BUSINESS & ECONOMICS --Organizational Behavior.
Benchmarking (Management)
Managerial accounting.
National income --Statistical methods.
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