Ấn phẩm
Consumer Confience Index in Vietnam: Scale Development and Compilation Methods
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159
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12
Nhan đề khác
Tóm tắt
A consumer confience index (CCI) is an important economic indicator which is used to adjust the forecasting of gross domestic product (GDP) and consumer price index (CPI) in the shortterm. Although there exists standard guidelines from the United Nations Statistics Division and European Commission, international experience shows the scale that measures a CCI and the methods of calculating a CCI need to be adapted to the country specifi context. Using its own data from the nationally representative survey and factor analysis methods, this paper constructs a scale to measure consumer confience for Vietnam. The paper, then, computes a CCI and proposes the most appropriate method corresponding to the Vietnamese setting. Validation methods from the paper show that the Vietnamese CCI calculated in the paper reflcts approximately the economic picture of the whole country as well as six regions of Vietnam, ensuring the validity of using this index to adjust short-term GDP and CPI forecasts.
Mô tả
economic development
Tác giả
Hoang, Thi Thanh Ha
Tác giả khác
Tran, Thi Bich
Người hướng dẫn
Nơi xuất bản
Nhà xuất bản
Kinh Tế Quốc Dân
Năm xuất bản
2019
ISSN tạp chí
Nhan đề tập
Từ khóa chủ đề
Confimatory factor analysis , consumer confience index , exploratory factor analysis
