Estimating Sri Lanka's Potential Output
Estimating Sri Lanka's Potential Output
Click to enlarge
Author(s): Ding, Ding
Nelmes, John
Perera, Roshan
ISBN No.: 9781484333938
Pages: 16
Year: 201403
Format: Trade Paper
Price: $ 27.60
Dispatch delay: Dispatched between 7 to 15 days
Status: Available

In this paper we present various techniques to estimate Sri Lanka's potential output and output gap, including statistical and model-based approaches. Compared to conventional statistical filters that rely exclusively on information in a single series, the model-based approaches allow potential output estimates to incorporate information contained in observable data series including inflation, actual output, unemployment and capacity utilization. The estimation results suggest that Sri Lanka's potential output has risen slightly in the last few years.


To be able to view the table of contents for this publication then please subscribe by clicking the button below...
To be able to view the full description for this publication then please subscribe by clicking the button below...