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Sparse Temporal Disaggregation

Luke Mosley, Idris Eckley, Alex Gibberd

arXiv 12 Aug 2021 · Econometrics · publishedJournal of the Royal Statistical Society Series A (Statistics in Society) (2022) · 11 citations (OpenAlex)

arXiv:2108.05783 · PDF · DOI · OpenAlex · Extracted main text

Abstract

Temporal disaggregation is a method commonly used in official statistics to enable high-frequency estimates of key economic indicators, such as GDP. Traditionally, such methods have relied on only a couple of high-frequency indicator series to produce estimates. However, the prevalence of large, and increasing, volumes of administrative and alternative data-sources motivates the need for such methods to be adapted for high-dimensional settings. In this article, we propose a novel sparse temporal-disaggregation procedure and contrast this with the classical Chow-Lin method. We demonstrate the performance of our proposed method through simulation study, highlighting various advantages realised. We also explore its application to disaggregation of UK gross domestic product data, demonstrating the method's ability to operate when the number of potential indicators is greater than the number of low-frequency observations.

Citation extraction

58
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95
in-text mentions
58
distinct cited
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12,339
main-text words

appendix boundary found by appendix_titled_section at “Appendix” · 94% of the source is main text. Read the extracted text to check this.

Most heavily cited references

The works this paper leans on most, across its whole bibliography — not restricted to papers in our corpus. Ranked by composite intensity, which combines how often a work is mentioned, how many sections mention it, and how much of that falls in the main text rather than the appendix.

ReferenceIntensityMentionsSectionsMain text
1Chow, G. C. and Lin, A.-l (1971) Best linear unbiased interpolation, distribution, and extrapolation of time series by related series1.000135100%
2Bühlmann, P. and Van De Geer, S (2011) Statistics for high-dimensional data: methods, theory and applications1.00063100%
3Tibshirani, R (1996) Regression shrinkage and selection via the lasso0.92843100%
4Ciammola, A., Di Palma, F., and Marini, M (2005) Temporal disaggregation techniques of time series by related series: A comparison by a monte carlo experiment0.84333100%
5Efron, B., Hastie, T., Johnstone, I., Tibshirani, R., et al (2004) Least angle regression0.81142100%
6Sax, C. and Steiner, P (2013) Temporal disaggregation of time series0.73732100%
7Zou, H (2006) The adaptive lasso and its oracle properties0.69351100%
8Chen, B (2007) An empirical comparison of methods for temporal disaggregation at the national accounts0.64422100%
9Eurostat (2018) European Statistical System (ESS) guidelines on temporal disaggregation, benchmarking and reconciliation0.64422100%
10Proietti, T (2006) Temporal disaggregation by state space methods: Dynamic regression methods revisited0.64422100%

Showing the top 10 of 58 scored citations.

Cited by, within the corpus

arXiv econ.EM papers that cite this one, ranked by how heavily they lean on it.

Citing paperIntensityMentionsSections
1Nowcasting R&D Expenditures: A Machine Learning Approach0.874152
2Reconstructing Subnational Labor Indicators in Colombia: An Integrated Machine and Deep Learning Approach0.40511