Detecting irregularities in Russian economic statistics
Simola, Heli (24.10.2024)
Numero
9/2024Julkaisija
Bank of Finland
2024
Julkaisun pysyvä osoite on
https://urn.fi/URN:NBN:fi-fe2024102486929Tiivistelmä
In addition to increased uncertainty related to Russian statistics since the invasion of Ukraine, some observers have raised doubts about the quality of Russian statistics. Applying simple analytical tools to detecting irregularities in Russian economic data that could implicate data manipulation, our analysis reveals irregularities and confirms the increased uncertainty related to Russia’s post-invasion statistical data. We find, however, no compelling evidence of extensive systematic data manipulation. Therefore, it would be risky to assume that the Russian statistics deliberately paint an overly rosy picture of economic conditions.
Julkaisuhuomautus
Contents
Abstract....3
1. Introduction....4
2. Benford’s law....4
3. Correlations....6
4. Structural breaks....7
5. War dummy an dexplanatory power....9
6. VAR analysis....10
7. Comparison with external statistics....13
8. Conclusion....13
References....15
Appendix 1. Description of variables employed in the analyses....16
Appendix 2. Additional results of VAR models (monthly and quarterly variables)....17
Abstract....3
1. Introduction....4
2. Benford’s law....4
3. Correlations....6
4. Structural breaks....7
5. War dummy an dexplanatory power....9
6. VAR analysis....10
7. Comparison with external statistics....13
8. Conclusion....13
References....15
Appendix 1. Description of variables employed in the analyses....16
Appendix 2. Additional results of VAR models (monthly and quarterly variables)....17