The production account – measuring GDP
Objectives
Show how GDP may be estimated from the production side. Focus is on value estimates.
Up to 6 hours plus exercise
Outcomes
Compilers understand the process of compiling production-based GDP and can identify areas where improvements are necessary.
Exercises
Identify areas where improvements might be made in the existing production-based estimates with current data sources. Identify possible new data sources.
Materials
Production account, measuring GDP
Up to 6 hours plus exercise