Construction of Economic Indicators Using Internet Searches

8 Pages Posted: 29 Oct 2015

See all articles by Mioara Popescu

Mioara Popescu

Bucharest Academy of Economic Studies

Date Written: October 24, 2015

Abstract

The volume of online data searches can be used as indicators of economic analysis and forecasting. This paper reviews some of the applications that use the large data sets provided by the Internet user searches and presents a very specific case for Romanian economy. These data provide some additional information relative to existing surveys and with further development, internet search data could become an important tool for analysis and prediction.

Keywords: nowcasting, economic indicators, forecasting, big data

JEL Classification: C15, C40, L48

Suggested Citation

Popescu, Mioara, Construction of Economic Indicators Using Internet Searches (October 24, 2015). Available at SSRN: https://ssrn.com/abstract=2679256 or http://dx.doi.org/10.2139/ssrn.2679256

Mioara Popescu (Contact Author)

Bucharest Academy of Economic Studies ( email )

6, Romana Square, District 1
Bucharest, 010374
Romania

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