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|c 5.00 USD
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|z 9781484322208
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|a 1018-5941
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|a BD-DhAAL
|c BD-DhAAL
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|a Johnson, Christian.
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|a Potential Output and Output Gap in Central America, Panama and Dominican Republic /
|c Christian Johnson.
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|a Washington, D.C. :
|b International Monetary Fund,
|c 2013.
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|a 1 online resource (42 pages)
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|a IMF Working Papers
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|a <strong>Off-Campus Access:</strong> No User ID or Password Required
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|a <strong>On-Campus Access:</strong> No User ID or Password Required
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|a Electronic access restricted to authorized BRAC University faculty, staff and students
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|a Potential Output is a key factor for debt sustaintability analysis and for developing strategies for growth, but unfortunately it is an unobservable variable. Using three methodologies (production function, switching, and state-space), this paper computes potential output for CAPDR countries using annual data. Main findings are: i) CAPDR potential growth is about 4.4 percent while output gap volatility is about 1.9 percent; ii) The highest-potential growth country is Panama (6.5 percent) while the lowest-growth country is El Salvador (2.6 percent); iii) CAPDR business cycle is about eigth years.
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|a Mode of access: Internet
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|a IMF Working Papers; Working Paper ;
|v No. 2013/145
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| 856 |
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|z Full text available on IMF
|u http://elibrary.imf.org/view/journals/001/2013/145/001.2013.issue-145-en.xml
|z IMF e-Library
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