The Korean Journal of Applied Statistics (응용통계연구)

The Korean Statistical Society (한국통계학회)
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Predictability of Consumer Expectations for Future Changes in Real Growth

소비자 기대심리의 미래 성장 예측력

  • Kim, Tae-Ho (Department of Information Statistics, Chungbuk National University) ;
  • Lim, La-Hee (Statistics Korea) ;
  • Lee, Seung-Eun (Department of Information Statistics, Chungbuk National University)
  • Received : 2015.02.03
  • Accepted : 2015.04.09
  • Published : 2015.06.30
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Abstract

The long lasting world-wide recession and low economic progress have made it more important to predict future economic behavior. Accordingly, it is of interest to explore useful leading indicators, correlated with policy targets, to predict future economic growth. This study attempts to develop a model to evaluate the performance of consumer survey results from Statistics Korea to predict future economic activities. A statistical model is formulated and estimated to generate predictions by utilizing consumer expectations. The prediction is found improved in the distant future and consumer expectations appear to be a useful leading indicator to provide information of future real growth.

경기침체가 장기화되고 세계적으로 저성장이 지속되면서 미래의 경기동향에 대한 예측의 중요성이 증폭되었다. 정부의 정책이 계획되면서부터 효과가 나타나기까지에는 시차가 존재하므로, 정책목표와 선행적 상관관계를 가지면서 목표의 미래 상황을 예측할 수 있는 유용한 지표의 개발에 관심이 모아진다. 본 연구에서는 통계청이 실시한 소비자 전망조사 결과가 미래의 실질성장에 유용한 선행적 정보를 제공했는지 평가해 보았다. 소비자들의 기대심리를 나타내는 체감지표를 사용하여 예측을 유발하는 통계모형을 설정한 후 미래의 실질성장에 대해 유의한 예측력을 갖는지 추정하였다. 소비자기대심리의 예측력은 먼 미래로 갈수록 정확도가 높아져 미래의 실질성장에 대해 선행적 정보를 주는 변수로 활용할 수 있는 것으로 판별된다.

Keywords

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