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来源类型 | Working Paper |
规范类型 | 报告 |
DOI | 10.3386/w25778 |
来源ID | Working Paper 25778 |
Measuring Global Economic Activity | |
James D. Hamilton | |
发表日期 | 2019-04-29 |
出版年 | 2019 |
语种 | 英语 |
摘要 | A number of economic studies have used a proxy for world real economic activity derived from shipping costs. This measure turns out to depend on a normalization that has substantive consequences of which users of the index had been unaware prior to this paper. This paper further evaluates this and alternative measures in terms of treatment of trends, coherence with world output, and ability to predict commodity prices. I conclude that measures derived from world industrial production offer a better indicator of global real economic activity. |
主题 | Macroeconomics ; Environmental and Resource Economics |
URL | https://www.nber.org/papers/w25778 |
来源智库 | National Bureau of Economic Research (United States) |
引用统计 | |
资源类型 | 智库出版物 |
条目标识符 | http://119.78.100.153/handle/2XGU8XDN/583452 |
推荐引用方式 GB/T 7714 | James D. Hamilton. Measuring Global Economic Activity. 2019. |
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文件名称/大小 | 资源类型 | 版本类型 | 开放类型 | 使用许可 | ||
w25778.pdf(913KB) | 智库出版物 | 限制开放 | CC BY-NC-SA | 浏览 |
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