scholarly journals Euro Area Production Function and Potential Output: A Supply Side System Approach

2002 ◽  
Author(s):  
Alpo Willman
Keyword(s):  
Production Function ◽  
Euro Area ◽  
System Approach ◽  
Supply Side ◽  
Potential Output

Multivariate Filter Estimation of Potential Output for the Euro Area and the United States

2015 ◽  
Author(s):  
Ali Alichi ◽  
Olivier Bizimana ◽  
Silvia Domit ◽  
Emilio Fernandez-Corugedo ◽  
Douglas Laxton ◽  
...  
Keyword(s):  
United States ◽  
Euro Area ◽  
The United States ◽  
Potential Output

scholarly journals TOTAL FACTOR PRODUCTIVITY AND FRONTIER PRODUCTION FUNCTION = PRODUKTIVITAS FAKTOR PRODUKSI TOTAL DAN FUNGSI PERODUKSI FRONTIER

Agro Ekonomi ◽  
2016 ◽  
Vol 24 (2) ◽  
pp. 2
Author(s):  
Sri Widodo
Keyword(s):  
Total Factor Productivity ◽  
Production Function ◽  
Productivity Growth ◽  
Factor Productivity ◽  
Single Factor ◽  
Cross Sectional ◽  
Potential Output ◽  
Total Productivity ◽  
Cross Sectional Studies ◽  
Frontier Production Function

The total factor productivity became an interesting concept in the measurement of productivity growth. Productivity is a ratio of output to input. The most common measurement of productivity is single factor productivity or partial productivity such as of land, labor, or capital.A total (factor) productivity is a productivity of all factors of production where the factors are aggregated. In cross-sectional studies this total productivity is a ratio of actual to potential output where the potential output is estimated from ther frontier production function. One of the methods to estimate this frontier function is by using linear programming technique.The total productivity does not always coincide with a single factor productivity of land (yield), that in the study area the larger farms tend to have higher total productivity than yield

scholarly journals Estimating the Output GAP for Lebanon: A Production Function methodology

2019 ◽  
Vol 2 (1) ◽  
pp. 60-83
Author(s):  
Latifa Ghalayini
Keyword(s):  
Economic Growth ◽  
Economic Policy ◽  
Labor Market ◽  
Production Function ◽  
Output Growth ◽  
Output Gap ◽  
Structural Reforms ◽  
Potential Output ◽  
Potential Output Growth ◽  
Douglas Production Function

This paper estimates the output Gap for Lebanon to analyze the economic policy and to judge the stance of the economy. Therefore, a Cobb-Douglas production function is estimated for the period Q11998 to Q42015 and potential output calculated by substituting for potential levels of the factors in the estimated production function. The calculation of potential labor required the calculation of the NAIRU. This paper calculates therefore three types of NAIRU. The results of output gap calculations show that the Lebanese economy is working over its capacity and that it hits his limits. Furthermore, findings show that the labor market is characterized by high levels of NAIRU which restricted potential output growth. Therefore, any policy aiming to increase economic growth, while neglecting structural reforms will prove to be unsustainable.

scholarly journals Estimating Poland's Potential Output: A Production Function Approach

2010 ◽  
Vol 10 (15) ◽  
pp. 1 ◽  
Author(s):  
Natan P. Epstein ◽  
Corrado Macchiarelli ◽  
◽  
Keyword(s):  
Production Function ◽  
Function Approach ◽  
Potential Output ◽  
Production Function Approach

At a Glance …

2007 ◽  
Vol 199 ◽  
pp. 2-3
Keyword(s):  
Economic Growth ◽  
Euro Area ◽  
World Economy ◽  
Gdp Growth ◽  
Supply Side ◽  
List Type ◽  
The World

•The world economy will continue to expand vigorously, growing by 5.0 per cent in 2007 and by 4.8 per cent in 2008.•Americani GDP growth will slow to 2.9 per cent in 2007 ard 2.5 per cent in 2008.•Economic growth in the Euro Area will slow to 2.2 per cent in 2007 and 2. per cent in 2008.•Japanese growth will pick up to 2.4 per cent in 2007 and 2.5 per cent in 2008.•Both the Euro Area and Japan will perform better in the second half of the decade than in the first half because of supply-side impr-ovements.

Sources of Inefficiency in Healthcare and Education

2016 ◽  
Vol 106 (5) ◽  
pp. 383-387 ◽  
Author(s):  
Amitabh Chandra ◽  
Douglas Staiger
Keyword(s):  
Production Function ◽  
Comparative Advantage ◽  
Supply Side ◽  
Roy Model

Healthcare and education exhibit wide variation in spending that is loosely associated with outcomes. We study supply-side explanations for such variation in in healthcare, and extend this discussion to how it might apply to education. In both sectors, variation in risk-adjusted rates could arise from some providers or educators doing too much (overuse) or others are using too little (underuse). Alternatively, the production function varies across providers and educators, so that hospitals and educators with higher returns to treatment deliver more because of comparative advantage. We discuss how a prototypical Roy model can separate these explanations.

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