Abstract.
Most of the countries of the OECD offer quarterly estimates of their national growth or of their Gross National Product. Official Statistical Agencies in western countries have to deal with the problem of estimating Quarterly National Accounts series congruently with Annual National Accounts. In Spain, the Instituto Nacional de Estadística uses the Chow-Lin disaggregation method, which is based on information provided by a group of high-frequency related variables, to estimate the quarterly components of National Accounts from annual components. In this paper, we analyse the relative quality of the estimates obtained through the Chow-Lin procedure, under different sets of hypotheses.
This is a preview of subscription content, log in via an institution to check access.
Similar content being viewed by others
Author information
Authors and Affiliations
Corresponding author
Additional information
JEL Classification:
C15, C43, M40
We are grateful to Maria Amparo Ripoll for her assistance. The authors also wish to thank three anonymous referees and an editor for their constructive suggestions and comments. This research was partially made during the stay of the first author at the Universidad Carlos III de Madrid. It has been partially supported by the research project DGCYT PB98-1460.
Rights and permissions
About this article
Cite this article
Miralles, J.M.P., Lladosa, LE.V. & Vallés, R.E. On the performance of the Chow-Lin procedure for quarterly interpolation of annual data: Some Monte-Carlo analysis. Spanish Economic Review 5, 291–305 (2003). https://doi.org/10.1007/s10108-003-0068-9
Issue Date:
DOI: https://doi.org/10.1007/s10108-003-0068-9