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LeadING HUBE: An Effective Leading Indicator for the Performance of the Hungarian Business Sector

Balatoni, András and Chabin, András (2015) LeadING HUBE: An Effective Leading Indicator for the Performance of the Hungarian Business Sector. Hungarian Statistical Review, 93 (SN19). pp. 108-128. ISSN 0039-0690

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Abstract

In this study a new leading indicator called LeadING HUBE (LeadING Index for the Hungarian Business Economy) is introduced and being calculated on a monthly basis to show the expected trajectory of the output of the private sector (as a proxy of added value) with significant lead and certainty. The authors’ aim was to create an indicator which may be used for both policy and business purposes. They present the construction of LeadING HUBE and compare its performance with other, freely accessible leading indicators, demonstrating that this newly developed index outperforms them when it comes to lead time and reliability. Thus, LeadING HUBE does not only add to the extensive literature on leading indicators but also supplements it.

Item Type: Article
Subjects: H Social Sciences / társadalomtudományok > HB Economic Theory / közgazdaságtudomány
SWORD Depositor: MTMT SWORD
Depositing User: Zsolt Baráth
Date Deposited: 09 Mar 2022 07:49
Last Modified: 03 Apr 2023 07:38
URI: http://real.mtak.hu/id/eprint/138703

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