03243nam 2200601Ia 450 991046224050332120200520144314.01-4755-5891-01-4755-3464-7(CKB)2670000000278850(EBL)1606822(SSID)ssj0000943221(PQKBManifestationID)11503274(PQKBTitleCode)TC0000943221(PQKBWorkID)10975616(PQKB)10666785(MiAaPQ)EBC1606822(Au-PeEL)EBL1606822(CaPaEBR)ebr10627071(OCoLC)797981387(EXLCZ)99267000000027885020111102d2012 uy 0engur|n|---|||||txtccrOn the extrapolation with the Denton proportional benchmarking method[electronic resource] /prepared by Tommaso Di Fonzo and Marco MariniWashington, DC International Monetary Fund20121 online resource (22 p.)IMF working paper ;12/169Description based upon print version of record.1-4755-9105-5 1-4755-0517-5 Includes bibliographical references.Cover; Abstract; Contents; I. Introduction; II. The Denton PFD Benchmarking Method; III. The Enhanced Denton PFD Method for Extrapolation; A. An Approximation of the Enhanced PFD Method; IV. An Example with Artificial Data; Tables; 1. Extrapolation Using Forecast BI Ratios (Example 6.2, QNA Manual, 2001); 2. Enhanced Denton PFD: Comparison Between the Shortcut and the Analytical Solution; 3. Enhanced Denton PFD: Comparison with the Indicator Series; 4. Basic Denton PFD vs. Enhanced Denton PFD: MSD of Quarterly Growth Rates5. Enhanced Denton PFD: Comparison Between the Analytical Solution and the Shortcut Version with Different BI RatiosV. An Application to Real-Life Data; 6. Forecasting Manufacturing Value Added in 2009 Using IPI: a Comparison Between PFD and EPFD; VI. Conclusions; ReferencesStatistical offices have often recourse to benchmarking methods for compiling quarterly national accounts (QNA). Benchmarking methods employ quarterly indicator series (i) to distribute annual, more reliable series of national accounts and (ii) to extrapolate the most recent quarters not yet covered by annual benchmarks. The Proportional First Differences (PFD) benchmarking method proposed by Denton (1971) is a widely used solution for distribution, but in extrapolation it may suffer when the movements in the indicator series do not match consistently the movements in the target annual benchmaIMF Working PapersBenchmarking (Management)Managerial accountingElectronic books.Benchmarking (Management)Managerial accounting.Di Fonzo Tommaso148119Marini Marco734096MiAaPQMiAaPQMiAaPQBOOK9910462240503321On the extrapolation with the Denton proportional benchmarking method1909271UNINA