Potential Output and total Factor Productivity Growth in Post-Apartheid South Africa:
This paper provides estimates of potential output growth in post-apartheid South Africa using both time trend techniques and a production function approach which indicates a potential growth rate of around 3 percent. The implied output gap provides statistically significant information for predictin...
Gespeichert in:
| 1. Verfasser: | |
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| Format: | Elektronisch E-Book |
| Sprache: | English |
| Veröffentlicht: |
Washington, D.C
International Monetary Fund
2003
|
| Schriftenreihe: | IMF Working Papers
Working Paper No. 03/178 |
| Online-Zugang: | UBW01 UEI01 LCO01 SBR01 UER01 SBG01 UBG01 FAN01 UBT01 FKE01 UBY01 UBA01 FLA01 UBM01 UPA01 UBR01 FHA01 FNU01 BSB01 TUM01 Volltext |
| Zusammenfassung: | This paper provides estimates of potential output growth in post-apartheid South Africa using both time trend techniques and a production function approach which indicates a potential growth rate of around 3 percent. The implied output gap provides statistically significant information for predicting inflation and could thus provide valuable input for formulating macroeconomic policy. Growth accounting and regression analysis suggest that an increase in trend GDP growth after the end of apartheid in 1994 is attributable to higher TFP growth driven by trade liberalization and greater private sector participation |
| Beschreibung: | 1 Online-Ressource (21 p) |
| ISBN: | 1451858973 9781451858976 |
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| index_date | 2024-07-03T20:13:29Z |
| indexdate | 2024-07-10T09:35:38Z |
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| spelling | Arora, Vivek B. Verfasser aut Potential Output and total Factor Productivity Growth in Post-Apartheid South Africa Arora, Vivek B Washington, D.C International Monetary Fund 2003 1 Online-Ressource (21 p) txt rdacontent c rdamedia cr rdacarrier IMF Working Papers Working Paper No. 03/178 This paper provides estimates of potential output growth in post-apartheid South Africa using both time trend techniques and a production function approach which indicates a potential growth rate of around 3 percent. The implied output gap provides statistically significant information for predicting inflation and could thus provide valuable input for formulating macroeconomic policy. Growth accounting and regression analysis suggest that an increase in trend GDP growth after the end of apartheid in 1994 is attributable to higher TFP growth driven by trade liberalization and greater private sector participation Online-Ausg Bhundia, Ashok Sonstige oth http://elibrary.imf.org/view/IMF001/05360-9781451858976/05360-9781451858976/05360-9781451858976.xml Verlag URL des Erstveröffentlichers Volltext |
| spellingShingle | Arora, Vivek B. Potential Output and total Factor Productivity Growth in Post-Apartheid South Africa |
| title | Potential Output and total Factor Productivity Growth in Post-Apartheid South Africa |
| title_auth | Potential Output and total Factor Productivity Growth in Post-Apartheid South Africa |
| title_exact_search | Potential Output and total Factor Productivity Growth in Post-Apartheid South Africa |
| title_exact_search_txtP | Potential Output and total Factor Productivity Growth in Post-Apartheid South Africa |
| title_full | Potential Output and total Factor Productivity Growth in Post-Apartheid South Africa Arora, Vivek B |
| title_fullStr | Potential Output and total Factor Productivity Growth in Post-Apartheid South Africa Arora, Vivek B |
| title_full_unstemmed | Potential Output and total Factor Productivity Growth in Post-Apartheid South Africa Arora, Vivek B |
| title_short | Potential Output and total Factor Productivity Growth in Post-Apartheid South Africa |
| title_sort | potential output and total factor productivity growth in post apartheid south africa |
| url | http://elibrary.imf.org/view/IMF001/05360-9781451858976/05360-9781451858976/05360-9781451858976.xml |
| work_keys_str_mv | AT aroravivekb potentialoutputandtotalfactorproductivitygrowthinpostapartheidsouthafrica AT bhundiaashok potentialoutputandtotalfactorproductivitygrowthinpostapartheidsouthafrica |