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This paper presents business sector supply blocks for thirteen smaller OECD economies. The starting point is the approach adopted by the Economics and Statistics Department for the major economies. The structure of the supply blocks is explained and estimation results are presented. Results from...
Persistent link: https://www.econbiz.de/10012445527
While the philosophy behind the supply block has not changed since its initial version, each of the block's behavioural equations as well as the parameters of the production functions have been substantially modified. These modifications have been motivated, in general, by a wish to improve the...
Persistent link: https://www.econbiz.de/10012445922
This paper outlines the concepts and methods used by the OECD Secretariat to derive estimates of potential output and capacity utilisation for the major seven countries. While there are many alternative definitions of potential output, the one which is currently being used by the OECD...
Persistent link: https://www.econbiz.de/10012447029
This paper presents business sector supply blocks for thirteen smaller OECD economies. The starting point is the approach adopted by the Economics and Statistics Department for the major economies. The structure of the supply blocks is explained and estimation results are presented. Results from...
Persistent link: https://www.econbiz.de/10005045628
This paper outlines the concepts and methods used by the OECD Secretariat to derive estimates of potential output and capacity utilisation for the major seven countries. While there are many alternative definitions of potential output, the one which is currently being used by the OECD...
Persistent link: https://www.econbiz.de/10005045926
While the philosophy behind the supply block has not changed since its initial version, each of the block's behavioural equations as well as the parameters of the production functions have been substantially modified. These modifications have been motivated, in general, by a wish to improve the...
Persistent link: https://www.econbiz.de/10005046211
Persistent link: https://www.econbiz.de/10009595381
Persistent link: https://www.econbiz.de/10009595924
Persistent link: https://www.econbiz.de/10009597471