An index of coincident economic indicators for Estonia

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Title: An index of coincident economic indicators for Estonia
Author: Loehmus, Uelle ; Demekas, Dimitri G.
Organization: Bank of Finland
Suomen Pankki
Department / Unit: Institute for Economies in Transition (BOFIT)
Siirtymätalouksien tutkimuslaitos (BOFIT)
Series: IDÄNTALOUKSIEN KATSAUKSIA. REVIEW OF ECONOMIES IN TRANSITION
Series number: 6/1998
Year of publication: 1998
Publication date: 21.12.1998
Pages: 77-88
Keywords: Viro; indikaattorit; tunnusluvut; suhdanteet; mittarit; Bofit-kokoelma
Abstract: This paper reviews the theoretical methodology on economic indicators, and constructs an aggregate index of coincident economic indicators for Estonia.The index tracks economic activity fairly well for the sample period.The evolution of the index in the first eight months of this year suggests that the pace of economic expansion in Estonia is slowing down significantly: from a growth rate of 10.5 percent in the first eight months of 1997, to 6.0 percent in the same period of 1998.
Note: Uudelleenjulkaistu pdf-muodossa 2002 (Idäntalouksien yksikön sarja)Reprint in PDF format 2002 (Unit for Eastern European Economies series)


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