WORKING PAPERS

Working Paper 3/ 2015: Quarterly regional GDP flash estimates for the Spanish economy (METCAP model)

July 27, 2015

In this paper we propose a methodology to estimate on a quarterly basis the GDP of the different regions of Spain, providing quarterly profiles for the annual official observed data. In this way, the paper offers a new instrument for short-term monitoring that allows the analysts to quantify the degree of synchronicity among regional business cycles.