Tsoulfidis, Lefteris; Dergiades, Theologos - In: Economics Bulletin 5 (2007) 4, pp. 1-12
This paper develops a method for the estimation of the rate of capacity utilization based on standard growth theory and the Structural VAR estimating technique. The measures of capacity utilization we derive for the US and Canadian economies are compared with widely-used survey measures. We show...
