Potential output estimations for Hungary: a survey of different approaches

Szilárd Benk; Zoltán M. Jakab; Gábor Vadas

This paper is a comprehensive analysis of Hungary’s potential output. Since the concept of potential output is not unique, we present various interpretations of potential GDP, along with a large set of techniques for estimating it. Various estimates are presented and robustness analyses are performed. Finally, an illustrative scenario is outlined for the forthcoming few years. -- potential output ; output gap ; production function ; business cycle ; filtering

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Year of publication:	2005
Other Persons:	Benk, Szilárd (contributor) ; Jakab, M. Zoltán (contributor) ; Vadas, Gábor (contributor)
Publisher:	Budapest : Magyar Nemzeti Bank
Subject:	Produktionspotenzial \| Potential output \| Produktionsfunktion \| Production function \| Konjunktur \| Business cycle \| VAR-Modell \| VAR model \| Schätzung \| Estimation \| Ungarn \| Hungary

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Extent:	Online-Ressource, 45 S., Text graph. Darst
Series:	MNB occasional papers. - Budapest : [Verlag nicht ermittelbar], ISSN 1585-5678, ZDB-ID 2224669-1. - Vol. 43
Type of publication:	Book / Working Paper
Type of publication (narrower categories):	Arbeitspapier ; Working Paper ; Graue Literatur ; Non-commercial literature
Language:	English
Notes:	Zsfassung in ungar. Sprache Systemvoraussetzungen: Acrobat Reader
Other identifiers:	hdl:10419/83530 [Handle]
Classification:	E32 - Business Fluctuations; Cycles ; C22 - Time-Series Models ; C32 - Time-Series Models
Source:	ECONIS - Online Catalogue of the ZBW

Persistent link: https://www.econbiz.de/10003284727