01866cas a2200241 a 4500 AALejournalIMF001390 230101c9999 xx r poo 0 0eng d 5.00 USD 9781451844917 1018-5941 BD-DhAAL BD-DhAAL Simone, Alejandro. In Search of Coincident and Leading Indicators of Economic Activity in Argentina / Alejandro Simone. Washington, D.C. : International Monetary Fund, 2001. 1 online resource (55 pages) IMF Working Papers <strong>Off-Campus Access:</strong> No User ID or Password Required <strong>On-Campus Access:</strong> No User ID or Password Required Electronic access restricted to authorized BRAC University faculty, staff and students Time series on economic activity in developing countries, in particular real GDP, are reported with important lags. Therefore, it is useful to construct indicators that coincide or lead the actual direction and level of economic activity. A general methodology to construct these indicators is proposed and adapted for Argentina. Three coincident indicators could be constructed, but no reliable leading indicator could be found. From an econometric standpoint, the coincident indicators produce satisfactory point estimates of real GDP. The series that enter the indicator are broadly consistent with what many economists believe is the main source of real GDP fluctuations in Argentina: shocks to the capital account of the balance of payments. This enhances the confidence in the econometric results. Mode of access: Internet IMF Working Papers; Working Paper ; No. 2001/030 Full text available on IMF http://elibrary.imf.org/view/journals/001/2001/030/001.2001.issue-030-en.xml IMF e-Library