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The Toll Index: Innovation-based Economic Telemetry
[working paper]
Corporate Editor
Rat für Sozial- und Wirtschaftsdaten (RatSWD)
Abstract We present the operationalized Toll Index, which is a new type of early indicator for the German business cycle. We present the basic idea and document the power of the indicator for the purpose of nowcasting. The data will be regularly available at the IDSC, the data bank center of IZA and will be ... view more
We present the operationalized Toll Index, which is a new type of early indicator for the German business cycle. We present the basic idea and document the power of the indicator for the purpose of nowcasting. The data will be regularly available at the IDSC, the data bank center of IZA and will be accessible there through the homepage. We further emphasize several policy recommendations regarding data.... view less
Keywords
economic growth; business cycle; production; index; prognosis; data capture; Federal Republic of Germany; freight traffic; fee
Classification
Economic Statistics, Econometrics, Business Informatics
Free Keywords
Konjunkturindikator; MAUT; Statistik; Straßenbenutzungsgebühr; economic telemetry; nowcasting; secondary data use; toll index
Document language
English
Publication Year
2011
City
Berlin
Page/Pages
5 p.
Series
RatSWD Working Paper Series, 188
Handle
https://hdl.handle.net/10419/75363
Status
Published Version; reviewed
Licence
Deposit Licence - No Redistribution, No Modifications