Testing for Granger Causality between Economic Sentiment Indicator and Gross Domestic Product for the Croatian Economy (CROSBI ID 538150)
Prilog sa skupa u zborniku | izvorni znanstveni rad | međunarodna recenzija
Podaci o odgovornosti
Bahovec, Vlasta ; Čižmešija, Mirjana ; Kurnoga Živadinović, Nataša
engleski
Testing for Granger Causality between Economic Sentiment Indicator and Gross Domestic Product for the Croatian Economy
Granger causality test is useful to determining whether one time series is useful in forecasting another. In this paper we examine wheter data from Business Tendency Surveys are useful for forecasting some selected referent macro economy variables in the short run. We compare the Economic Sentiment Indicator – ESI as a composite indicator for the whole Business survay with the GDP for Croatia. It is evident that the ESI in Croatia correctly predict changes in a national economy (expresed with GDP growht) two quarters in advanse.
Granger Causality; Augmented Dickey-Fuller test; ESI- Economic Sentiment Indicator; GDP -Gross Domestic Product
nije evidentirano
nije evidentirano
nije evidentirano
nije evidentirano
nije evidentirano
nije evidentirano
Podaci o prilogu
403-408.
2007.
objavljeno
Podaci o matičnoj publikaciji
Proceedings of the 9th International Symposium on Operational Research SOR '07
Zadnik Stirn, Lidija ; Drobne, Samo
Nova Gorica: Slovensko društvo informatika
978-961-6165-25-9
Podaci o skupu
The 9th International Symposium on Operational Research SOR '07
predavanje
26.09.2007-28.09.2007
Nova Gorica, Slovenija