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Estimating Sri Lanka’s Potential Output
Ding Ding
John Nelmes
Roshan Perera
Mr.Volodymyr Tulin
出版
International Monetary Fund
, 2014-03-11
主題
Business & Economics / Production & Operations Management
Business & Economics / Inflation
Business & Economics / Labor / General
ISBN
1475515383
9781475515381
URL
http://books.google.com.hk/books?id=3FFiAwAAQBAJ&hl=&source=gbs_api
EBook
SAMPLE
註釋
In this paper we present various techniques to estimate Sri Lanka’s potential output and output gap, including statistical and model-based approaches. Compared to conventional statistical filters that rely exclusively on information in a single series, the model-based approaches allow potential output estimates to incorporate information contained in observable data series including inflation, actual output, unemployment and capacity utilization. The estimation results suggest that Sri Lanka’s potential output has risen slightly in the last few years.