70-vol. 35, no. 2, july-december, 2020
Articles

An econometric assessment of the official historical estimates for the state-level economic activity indicators of Mexico

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  • Francisco Corona,
  • Jesús López-Pérez
Francisco Corona
Instituto Nacional de Estadística y Geografía
Jesús López-Pérez
Instituto Nacional de Estadística y Geografía
DOI: https://doi.org/10.24201/ee.v35i2.401

Published 2020-07-01

Keywords

  • State GDP,
  • combination rule,
  • restricted forecast,
  • Mexico national system accounts

How to Cite

Corona, F., & López-Pérez, J. (2020). An econometric assessment of the official historical estimates for the state-level economic activity indicators of Mexico. Estudios Económicos De El Colegio De México, 35(2), 193–212. https://doi.org/10.24201/ee.v35i2.401

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Abstract

This paper shows an econometric assessment of the Quarterly Indicator of Economic Activity (ITAEE) retropolation until 1980. The results obtained are then compared empirically with alternative retropolation procedures that uses nominal state-level Gross Domestic Product (GDP) as temporal restrictions as the works of German-Soto (2005) and for an alternative of Guerrero and Corona (2018b), where they incorporate GDP nominal information as temporal restrictions. We conclude that the ITAEE’s retropolation until 1980 carried out in this work has a solid econometric background and better structural performance with respect to other approaches considered in the current investigation.

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