000 01442cam a2200205 4500500
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041 _afre
042 _adc
100 1 0 _aBessec, Marie
_eauthor
245 0 0 _aBridge Models for French GDP Growth Using Business-Survey Data
260 _c2010.
500 _a91
520 _aThis paper discusses new bridge models for short-term forecasting of French quarterly GDP growth. The only data used are from business surveys in French manufacturing, services, and construction. We consider two alternative methods. The first relies on the general-to-specific (GETS) algorithm applied to blocks of randomly selected variables (Hendry and Krolzig, 2005); the other relies on the combination method popularized by Stock and Watson (2004). We conduct in-sample and out-of-sample assessments of both methods using recursive and rolling regressions. We show that the forecast based on an automatic regression-model selection (GETS) performs better, and that extending the database to business surveys in the service and construction sectors can be useful for short-term GDP forecasting.
690 _aforecast combination
690 _amodel selection
690 _aGDP forecasting
690 _abusiness surveys
786 0 _nEconomie & prévision | o 193 | 2 | 2010-12-13 | p. 77-99 | 0249-4744
856 4 1 _uhttps://shs.cairn.info/journal-economie-et-prevision-1-2010-2-page-77?lang=en&redirect-ssocas=7080
999 _c468596
_d468596