Regional output growth in the United Kingdom: More timely and higher frequency estimates from 1970
针对英国区域产出数据发布频率低、滞后长的问题，本文构建混合频率多变量模型，生成1970年以来的季度区域增长估计，并在线实时更新，有助于理解区域商业周期动态与关联性。
Summary Output growth estimates for regions of the UK are currently published at an annual frequency only, released with a long delay, and offer limited historical coverage. To improve the regional database this paper develops a mixed‐frequency multivariate model and uses it to produce consistent estimates of quarterly regional output growth dating back to 1970. We describe how these estimates are updated and evaluated on an ongoing, quarterly basis to publish online (at www.escoe.ac.uk/regionalnowcasting ) more timely regional growth estimates. We illustrate how the new quarterly data can contribute to our historical understanding of business cycle dynamics and connectedness between regions.