The Service Sentiment Indicator : a Business Climate Indicator for the German Business- Related Services Sector

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1999
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Kaiser, Ulrich
Buscher, Herbert S.
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CoFE-Diskussionspapiere / Zentrum für Finanzen und Ökonometrie
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Zusammenfassung

No other area of the German economy hasdeveloped so emphatically in the past ten years as that of business-related services. Regardless their growing importance, business-related services still play only a minor role in official statistics. Above all, official statistics do not provide up-to-date information on the state of the business cycle of this sector. In a situation where such quantitative information is lacking, data obtained from business surveys give important guidelines to the state of this part of the economy. In this paper we show how a reliable compounded business climate indicator for business-related services can be constructed from both business survey and national accounts data.

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Fachgebiet (DDC)
330 Wirtschaft
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business-related services
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ISO 690KAISER, Ulrich, Herbert S. BUSCHER, 1999. The Service Sentiment Indicator : a Business Climate Indicator for the German Business- Related Services Sector
BibTex
@techreport{Kaiser1999Servi-12030,
  year={1999},
  series={CoFE-Diskussionspapiere / Zentrum für Finanzen und Ökonometrie},
  title={The Service Sentiment Indicator : a Business Climate Indicator for the German Business- Related Services Sector},
  number={1999/06},
  author={Kaiser, Ulrich and Buscher, Herbert S.}
}
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