Determining potential output and the output gap-two inherently unobservable variables-is a major challenge for …

comprehensive dataset, we leverage the classical production function approach to estimate potential output growth between 1970 and …’s potential output growth up to 2070 will be low if current economic trends persist. In particular, the diminishing labor volume …

This study estimated Tunisia's potential growth with a Cobb-Douglas production function using an unobservable component … model within structural changes context for the period 1989-2023. It investigated the major shocks' effects on the potential … detect slight shifts. The results show that for the last 40 years, Tunesia has not been able to maintain high potential …

We propose a multivariate Bayesian state space model to identify potential growth and the output gap consistent with … contributions to gap and potential vary both in size and direction. Potential growth has been declining over the past two decades … economically meaningful potential growth rates. …