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Motivation: Our pertinent national source reports quarterly GVA by industry, at constant prices, in both cumulative (YTD) and single-period terms, from 2012 and 2018, respectively. The former series are reported without revisions, whereas the latter are reported with revisions to the previous quarter. Use of the former produces inconvenient revision volatility in our estimates.
Response: We have changed our benchmark from the YTD data to single-period data, thereby removing the step in which we converted to single-period terms.
What you will see: All periods revised, from 1970Q1. Properties are otherwise unchanged.
The series reside in the historical catalog:
- Vietnam » National Accounts » by Value Added » Moody's Analytics Estimated » Constant prices
Method: Please refer to the background documentation in Mnemonic 411.
See also
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