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Estimating Quarter To Quarter Economic Growth In Kosovo, Ledjon Shahini, Bernard Dosti, Perseta Grabova

UBT International Conference

Estimation of economic growth in real time is one of the main objectives for most of the policymakers. At this point Gross Domestic Production at quarterly frequencies is the most accurate indicator. Most of the countries that have developed this macroeconomic indicator are publishing GDP in two main forms, seasonal and not seasonal adjusted. Seasonality is a present phenomenon for most of the economic sectors at quarterly frequencies. These different rhythms caused by weather, human habits, legislation, and so on, tend to repeat themselves periodically. It is therefore natural to try to estimate their impact and take account of them …