There is a considerable discrepancy between GDP estimates which should be equal to one another. A method of allocating this discrepancy is proposed to derive an accurate measure of GDP with applications to the US and Korean economies.
Bibliographical noteFunding Information:
The authors would like to thank the co-editor of the journal. This research was supported by Kangwon National University. The usual disclaimer applies.
All Science Journal Classification (ASJC) codes
- Economics and Econometrics