Estimating Potential Output in Developing Countries

This paper describes a parsimonious methodology employed by the World Bank for estimating potential output using the production function method. Despite the necessity of strong assumptions, sensitivity analysis suggests the reported estimates for 159 countries are robust to alternative specification...

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Bibliographic Details
Main Authors: Burns, Andrew, van Rensburg, Theo Janse, Dybczak, Kamil, Bui, Trung
Format: Journal Article
Language:en_US
Published: Elsevier 2014
Subjects:
Online Access:http://hdl.handle.net/10986/20717