GDP growth of yesterday may disappoint tomorrow
'If Belgium completely unexpectedly invaded the Netherlands tomorrow, Statistics Netherlands would adjust the growth rates of 2018, 2017 and 2016 downwards. This is [suggestie: an example of] the undesirable consequence of the manner in which seasonal corrections are being applied at the moment."
This is the introduction of an academic publication from this month's edition of the Economisch Statistiche Berichten journal, written by UG Associate Professor in Economy Jan Jacobs and PhD student Barend Abeln, who is writing a thesis on this topic. The researchers plead for seasonal corrections without retrospective revisions – or that, when Statistics Netherlands publishes new data, previous figures should not be changed.
Read more: ESB website
| Last modified: | 10 September 2021 2.37 p.m. |
More news
-
05 March 2025
Women in Science
The UG celebrates International Women’s Day with a special photo series: Women in Science.
-
25 February 2025
The influence of financial instruments on the lives of enslaved people
Some groups of enslaved people in the Dutch Caribbean colonies were particularly harmed by how sugar and coffee plantations were financed. This is evident from the preliminary results of the NWO project ‘Collateral damage: The financial economics of...
-
10 December 2024
Research by Statistics Netherlands (CBS) and the University of Groningen finds possible circumvention of sanctions against Russia by small, young businesses
Dutch goods exports to Russia fell sharply after the European Union scaled up sanctions in 2022. At the same time, Dutch exports of sanctioned goods increased to seven countries with an increased risk of sanction circumvention. A striking number of...