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020 ▼a 9781475591057 ▼q (electronic bk.)
020 ▼z 9781475505177
020 ▼z 9781475534641
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1001 ▼a Di Fonzo, Tommaso, ▼e author.
24510 ▼a On the extrapolation with the Denton proportional benchmarking method/ ▼c prepared by Tommaso Di Fonzo and Marco Marini.
260 ▼a [Place of publication not identified]: ▼b International Monetary Fund, ▼c 2012.
300 ▼a 1 online resource: ▼b illustrations.
336 ▼a text ▼b txt ▼2 rdacontent
337 ▼a computer ▼b c ▼2 rdamedia
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4901 ▼a IMF working paper; ▼v WP/12/169
504 ▼a Includes bibliographical references.
520 ▼a Statistical 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.
590 ▼a eBooks on EBSCOhost ▼b All EBSCO eBooks
650 0 ▼a Benchmarking (Management)
650 0 ▼a Managerial accounting.
650 0 ▼a National income ▼x Statistical methods.
650 7 ▼a BUSINESS & ECONOMICS ▼x Industrial Management. ▼2 bisacsh
650 7 ▼a BUSINESS & ECONOMICS ▼x Management. ▼2 bisacsh
650 7 ▼a BUSINESS & ECONOMICS ▼x Management Science. ▼2 bisacsh
650 7 ▼a BUSINESS & ECONOMICS ▼x Organizational Behavior. ▼2 bisacsh
650 7 ▼a Benchmarking (Management) ▼2 fast ▼0 (OCoLC)fst00830291
650 7 ▼a Managerial accounting. ▼2 fast ▼0 (OCoLC)fst01007320
650 7 ▼a National income ▼x Statistical methods. ▼2 fast ▼0 (OCoLC)fst01033602
655 4 ▼a Electronic books.
7001 ▼a Marini, Marco, ▼e author,
7102 ▼a International Monetary Fund. ▼b Statistics Department.
830 0 ▼a IMF working paper ; ▼v WP/12/169.
85640 ▼u http://search.ebscohost.com/login.aspx?direct=true&scope=site&db=nlebk&AN=568178
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