MACROECONOMIC RESEARCH
OBJECTIVES
The Macroeconomic Research program encompasses macroeconomic statistics research, quality improvements, development of new products, economic integration and advisory functions. This set of functions is designed to improve the ABS's capability to produce high quality macroeconomic statistics in the longer term, while addressing emerging priorities in the short term.
Analytical activities in the program range from research projects to improve the accuracy and coherence of existing economic statistics and develop new statistical products, through to operational efforts to increase the efficiency of statistical operations.
DEVELOPMENTS
The main medium-term developments in the program are to:
- review and improve productive capital stock statistics - due mid 2016
- review and improve several Balance of Payments models - due mid 2016
- review and improve output measures for services industries including education and health care - ongoing
- monitor international developments in statistics on globalisation, trade in value added and global value chains - ongoing.
PROGRAM MANAGER
Paul Mahoney
International & Government Finance Accounts Branch
RESOURCES
| Program costs | $m |
| 2015-16 | 1.2 |
| 2016-17 | 1.7 |
| 2017-18 | 1.2 |
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