Online office

  • Español
  • English
  • Català
  • Euskara
  • Galego
  • Valenciano

AIReF English

“Our mission is to guarantee effective compliance of the financial sustainability principle by the General Goverment”

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

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.