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This paper estimates technology growth using several variants of the Hall (1988, 1990) method on data for Swedish two-digit manufacturing industries. More specifically, I first apply and evaluate two different approaches to control for varying factor utilization developed by Basu et al. (1998)...
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This paper discusses an approach to estimate euro area GDP quarterly growth over two quarters ahead. The estimates are derived from separate single equations for each quarter to be forecast using OLS including a moving error term. The explanatory variables describe real economic activity or its...
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We formulate a two(-country) by two(-tradable good) by two(-factor) dynamic general equilibrium model of endogenous growth and international rade that has no market distortion. After deriving the conditions for a balanced growth path with incomplete specialization in both countries to exist and...
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