Monitorización de la coyuntura económica regional a través de un indicador sintético

  1. Esther López Vizcaino 1
  2. Patricio Sánchez-Fernández 2
  3. Carlos L. Iglesias Patiño 1
  1. 1 Instituto Galego de Estatística
  2. 2 Universidade de Vigo
    info

    Universidade de Vigo

    Vigo, España

    ROR https://ror.org/05rdf8595

Aldizkaria:
Revista de estudios regionales

ISSN: 0213-7585

Argitalpen urtea: 2020

Zenbakia: 119

Orrialdeak: 15-41

Mota: Artikulua

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Beste argitalpen batzuk: Revista de estudios regionales

Laburpena

This paper builds a synthetic indicator that aims to provide a tool for monitoring the economic situation of a region. Thus, a synthetic indicator is constructed by applying to the economic data a dynamic factorial model that allows reducing the dimensionality of the initial data.To guarantee its technical solvency, the synthetic indicator developed considers the methodological developments pointed out by Stock & Watson (1991). In this way, we proceed by applying the dynamic factorial model to the economic series. This sort of indicators constructed using dynamic common factor models aims to represent a relatively large set of initial series by means of a smaller set that achieves a simpler and more compact interpretation

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