Discussion Papers no. 924

Accuracy, unbiasedness and efficiency in preliminary figures

Revisions in the Norwegian National Accounts

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This paper investigates the quality of preliminary figures in the Norwegian national accounts. To address the problem of few observations in such analyses, we use some recently developed system tests.

Preliminary figures for gross fixed capital formation (investments) under-predict the final figures. For other series in the Norwegian national accounts, we find that they are unbiased and weakly efficient.

About the publication

Title

Revisions in the Norwegian National Accounts. Accuracy, unbiasedness and efficiency in preliminary figures

Author

Magnus Kvåle Helliesen, Håvard Hungnes, Terje Skjerpen

Series and number

Discussion Papers no. 924

Publisher

Statistisk sentralbyrå

Topic

Discussion Papers

ISSN

1892-753X

Number of pages

38

About Discussion Papers

Discussion papers comprise research papers intended for international journals and books. A preprint of a Discussion Paper may be longer and more elaborate than a standard journal article as it may include intermediate calculations, background material etc.

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