Journal of the Royal Statistical Society. Series A (Statistics in Society)
Balanced Estimates of National Accounts when Measurement Errors are Autocorrelated: The UK, 1920-38 [статья]
Опубликовано на портале: 04-11-2004Solomos Solomou, Martin Weale Journal of the Royal Statistical Society. Series A (Statistics in Society). 1993. Vol. 156. No. 1. P. 89-105.
It is frequently argued that changes in economic variables are measured more reliably than their levels. This may happen if measurement errors are autocorrelated. Autocorrelation should be taken into account in the least squares balancing of national accounts. Formulae are presented for the error structure which is likely to arise from extrapolation away from or interpolation between bench-mark observations. Balanced estimates are presented for the UK national accounts, 1920-38, taking into account the autocorrelation likely to have been generated in data construction.
Опубликовано на портале: 19-07-2004Ред.: Peter G. Moore Journal of the Royal Statistical Society. Series A (Statistics in Society). 1993. Vol. 154. No. 1. P. 23-44.
The Working Party was set up by the Royal Statistical Society because of widespread criticism of UK official statistics collected and reported by the Government Statistical Service. That Service has to be of fine quality, earning and enjoying public confidence and providing accurate, timely and cost-effective data both for governmental and for public use. The Working Party found no evidence of a lack of integrity among government statisticians. However, the organizational and operational framework of the Government Statistical Service is regarded as inadequate. Accordingly four important sets of recommendations are made. Their acceptance is fundamental for the achievement of a high quality of service linked to full public confidence in official statistics.