An Analysis of Revisions to Growth Rates in the Irish Quarterly National Accounts
October 7, 2008
Quarterly Economic Commentary, Autumn 2008, pp. 44-59
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This article presents results of revisions analysis of GDP and GNP in the quarterly national accounts. It deals with quarterly GDP and GNP growth from 1998 to 2007 as well as seasonally adjusted quarter-on-quarter growth from 2003. Different stages of the revisions process are considered as well as how Ireland compares with other OECD countries. The components of GDP are analysed to ascertain the main drivers of revisions.