Abstract:The economic downturn due to lockdown measures at the beginning of the COVID-19 crisis raised the question whether any adaptations to the short-term statistics (STS) were needed to ensure accurate and relevant output. We limit ourselves to STS on turnover and related variables like volume of production. We looked into the different stages of the production process – from data collection to output – and anticipated a number of potential lockdown effects. With respect to output relevance, there was an increased … Show more
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