NOWCASTING REGIONAL ECONOMIC GROWTH IN INDONESIA
Buletin Ekonomi Moneter dan Perbankan
; 25(3):291-322, 2022.
Article
in English
| Scopus | ID: covidwho-2234889
ABSTRACT
This study aims to nowcast gross regional domestic product at the provincial level for Indonesia. The dynamic factor model and mixed data sampling were applied to three sets of variables;namely, macroeconomic, financial, and Google Trends. We find that both methods captured several economic expansions and contractions, including the recent downturn during the COVID-19 pandemic. By including the pandemic period, accuracy across the same set of variables and provinces was slightly reduced. © 2022 The authors.
Full text:
Available
Collection:
Databases of international organizations
Database:
Scopus
Language:
English
Journal:
Buletin Ekonomi Moneter dan Perbankan
Year:
2022
Document Type:
Article
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