Produkční přístup k odhadu potenciálního produktu -- aplikace pro ČR

Investor logo

Warning

This publication doesn't include Faculty of Sports Studies. It includes Faculty of Economics and Administration. Official publication website can be found on muni.cz.
Title in English Production approach to estimation of potential product -- application for the Czech Republic
Authors

HLOUŠEK Miroslav POLANSKÝ Jiří

Year of publication 2007
Type Article in Periodical
Magazine / Source Národohospodářský obzor
MU Faculty or unit

Faculty of Economics and Administration

Citation
Field Economy
Keywords Potential output; production approach; Hodrick-Prescott filter; Band Pass filter; Kalman filter
Description This paper deals with estimation of the potential output using production approach. This approach relates to supply side of the economy. Its advantage lies in fact that it allows us to analyze each factor that determines growth rate of potential output, i.e. capital, labor and total factor productivity. Other methods to estimation of potential output are discussed as well. Comparison of alternative approaches is illustrated on estimation of output gap.
Related projects:

You are running an old browser version. We recommend updating your browser to its latest version.

More info