Michaelides, Panayotis; Milios, John - In: Journal of Economics and Business 61 (2009) 4, pp. 339-352
The present paper estimates Total Factor Productivity (TFP) change for the Russian economy in the time period 1994-2006. It also calculates potential output and output gap using a Cobb-Douglas (CD) production function and a Hodrick-Prescott filter, as well as the Non-Accelerating Wage Rate of...
