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Euro Area Production Function and Potential Output : A Supply Side System Approach
Willman, Alpo - 2021
mark-ups and the technology parameters of the production function. The model has been applied to euro area data from the … 1970s assuming that the underlying production function is either CES or Cobb-Douglas. Estimation results support the Cobb … profit margins and sectoral production shares. We also produce estimates of potential output and the output gap conditional …
Persistent link: https://www.econbiz.de/10013320231
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Output gaps in European Monetary Union : new insights from input augmentation in the technological progress
Dimitz, Maria Antoinette - 2001
Output gaps for ten European countries and the USA are estimated based on a CES production function with input …-augmenting technological progress gives insight into the driving forces of growth. -- output gap ; potential output ; CES production function …
Persistent link: https://www.econbiz.de/10009725022
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Output gaps in European Monetary Union : new insights from input augmentation in the technological progress
Dimitz, Maria Antoinette - 2001
Persistent link: https://www.econbiz.de/10001594114
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Output gaps and technological progress in European Monetary Union
Dimitz, Maria Antoinette - 2001
Persistent link: https://www.econbiz.de/10001614703
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Output Gaps and Technological Progress in European Monetary Union
Dimitz, Maria Antoinette - 2002
Output gaps for ten European countries and the USA are estimated based on a CES production function with input …
Persistent link: https://www.econbiz.de/10014114976
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Growth accounting for the euro area : a structural approach
Proietti, Tommaso (contributor); Musso, Alberto (contributor) - 2007
decomposition of total output according to the production function approach with price and wage equations that embody Phillips type …
Persistent link: https://www.econbiz.de/10003554313
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Growth accounting for the euro area : a structural approach
Proietti, Tommaso; Musso, Alberto - In: Empirical economics : a journal of the Institute for … 43 (2012) 1, pp. 219-244
Persistent link: https://www.econbiz.de/10009582132
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Growth Accounting for the Euro Area : A Structural Approach
Proietti, Tommaso - 2007
decomposition of total output according to the production function approach with price and wage equations that embody Phillips type …
Persistent link: https://www.econbiz.de/10012776314
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The impact of the COVID-19 shock on euro area potential output : a sectoral approach
Bandera, Nicolò; Bodnár, Katalin; Le Roux, Julien; … - 2022
The COVID-19 crisis has affected economic sectors very heterogeneously, with possible risks for permanent losses in some sectors. This paper presents a sectoral-level, bottom- up method to estimate euro area potential outputin order to assess the impact of the crisis on it. The estimates are...
Persistent link: https://www.econbiz.de/10013367033
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A multivariate unobserved components model to estimate potential output in the euro area : a production function based approach
Tóth, Máté - 2021
-Douglas production function. This combination allows potential output estimates to incorporate more economic structure than the … traditional production function approach, while retaining the ability to conduct growth accounting exercises. The model is a …
Persistent link: https://www.econbiz.de/10012429180