THE ANALYSIS OF POTENTIAL OUTPUT GROWTH IN THE EURO AREA

The objective of this paper is to apply some decompositions of the production function to explain the impact of the labour, capital and factor productivity (TFP) upon the economic growth in the euro area. To achieve this objective, I have used the results obtained in the economic literature, such those of the McQuinn si Whelan (2006). Based on preliminary results, I have made an exercise to estimate the potential output growth in the Euro area in the next year according actually trend.

MoreLess

Year of publication:	2007
Authors:	Marinas, Marius-Corneliu
Published in:	Theoretical and Applied Economics. - Asociaţia Generalā a Economiştilor din România - AGER. - Vol. 6(511)(supplement).2007, 6(511)(supplement), p. 271-278
Publisher:	Asociaţia Generalā a Economiştilor din România - AGER
Subject:	euro area \| economic growth \| total factor productivity (TFP) \| labour productivity \| Solow model. REL Classification: 8E

More details

Extent:	application/pdf
Type of publication:	Article
Language:	English
Source:	RePEc - Research Papers in Economics

Persistent link: https://www.econbiz.de/10005581549