A Fresh Look at Potential Output in Central, Eastern, and Southeastern European Countries /:
Was the postcrisis growth slowdown in Central, Eastern and Southeastern Europe (CESEE) structural or cyclical? We use three different methods-production function approach, basic multivariate filter, and multivariate filter with financial frictions-to evaluate potential growth and output gaps for 18...
Gespeichert in:
| Hauptverfasser: | , , |
|---|---|
| Format: | Elektronisch E-Book |
| Sprache: | English |
| Veröffentlicht: |
Washington, D.C. :
International Monetary Fund,
2017.
|
| Schriftenreihe: | IMF working paper ;
WP/17/37. |
| Schlagworte: | |
| Online-Zugang: | Volltext |
| Zusammenfassung: | Was the postcrisis growth slowdown in Central, Eastern and Southeastern Europe (CESEE) structural or cyclical? We use three different methods-production function approach, basic multivariate filter, and multivariate filter with financial frictions-to evaluate potential growth and output gaps for 18 CESEE countries during 2000-15. Our findings suggest that potential growth weakened significantly after the crisis across most countries in the region. This decline appears to be largely due to stagnant productivity and weaker capital accumulation, which were associated with common external factors, including trading partners' slow potential growth, but also decline in global trade and stalled expansion of global value chains. Our estimates suggest that output gaps in 2015 were largely closed in many countries in the region. |
| Beschreibung: | 1 online resource (38 pages) |
| ISBN: | 9781475584592 1475584598 |
| ISSN: | 1018-5941 ; |
Internformat
MARC
| LEADER | 00000cam a2200000Mi 4500 | ||
|---|---|---|---|
| 001 | ZDB-4-EBU-ocn979108706 | ||
| 003 | OCoLC | ||
| 005 | 20241004212047.0 | ||
| 006 | m o d | ||
| 007 | cr |n|---||||| | ||
| 008 | 170325s2017 dcu o 000 0 eng d | ||
| 040 | |a EBLCP |b eng |e pn |c EBLCP |d YDX |d IDEBK |d MERUC |d LLB |d OCLCQ |d WRM |d CEF |d OTZ |d N$T |d AGLDB |d IGB |d OCLCF |d OCLCQ |d G3B |d S8J |d S8I |d STF |d BTN |d AUW |d INTCL |d MHW |d SNK |d OCL |d OCLCQ |d CUS |d OCLCO |d OCLCQ |d OCLCO |d OCLCL | ||
| 019 | |a 978647837 |a 978831206 |a 979214136 |a 979317208 |a 979811486 |a 980263599 |a 980397357 |a 980647252 |a 985997816 |a 1264967139 | ||
| 020 | |a 9781475584592 |q (electronic bk.) | ||
| 020 | |a 1475584598 |q (electronic bk.) | ||
| 020 | |z 1475584598 | ||
| 020 | |z 1475578989 | ||
| 020 | |z 9781475578980 | ||
| 024 | 7 | |a 10.5089/9781475578980.001 |2 doi | |
| 035 | |a (OCoLC)979108706 |z (OCoLC)978647837 |z (OCoLC)978831206 |z (OCoLC)979214136 |z (OCoLC)979317208 |z (OCoLC)979811486 |z (OCoLC)980263599 |z (OCoLC)980397357 |z (OCoLC)980647252 |z (OCoLC)985997816 |z (OCoLC)1264967139 | ||
| 043 | |a ec----- |a ee----- |a ed----- | ||
| 050 | 4 | |a HC244 | |
| 072 | 7 | |a BUS |x 069000 |2 bisacsh | |
| 072 | 7 | |a BUS |x 055000 |2 bisacsh | |
| 082 | 7 | |a 330.943 |2 23 | |
| 049 | |a MAIN | ||
| 100 | 1 | |a Podpiera, Jiří, |d 1976- |e author. |1 https://id.oclc.org/worldcat/entity/E39PBJwxG74qVQX9PXMpG4HQv3 |0 http://id.loc.gov/authorities/names/no2007083430 | |
| 245 | 1 | 2 | |a A Fresh Look at Potential Output in Central, Eastern, and Southeastern European Countries / |c by Jiří Podpiera, Faezeh Raei, and Ara Stepanyan. |
| 260 | |a Washington, D.C. : |b International Monetary Fund, |c 2017. | ||
| 300 | |a 1 online resource (38 pages) | ||
| 336 | |a text |b txt |2 rdacontent | ||
| 337 | |a computer |b c |2 rdamedia | ||
| 338 | |a online resource |b cr |2 rdacarrier | ||
| 490 | 1 | |a IMF working paper, |x 1018-5941 ; |v WP/17/37 | |
| 588 | 0 | |a Print version record. | |
| 505 | 0 | |a Cover; Contents; Abstract; I. Introduction; II. Methodology; A. HP Filter; B. Multivariate Filtering Approach; C. Multivariate Filter with Financial Frictions; D. Production Function Approach; E. How can different approaches be reconciled?; III. Results; A. Potential Growth and its Drivers; B. How Large Were Output Gaps in 2015?; IV. Conclusions; References; FIGURES; 1. CESEE EU: Comovement of Cyclical Variables; 2: Information used in Different Methods of Estimating Potential Output; 3. CESEE: Potential Growth Estimates; 4. CESEE: Common and Idiosyncratic Factors of Potential Growth. | |
| 505 | 8 | |a 5. CESEE: Output Gap Estimates Using Different Methodologies6. CESEE: Potential Growth Estimates Using Different Methodologies; 7. Output Gaps in 2015; 8. Inflation rates; TABLES; 1. Correlations between intensity measures of capital and labor utilization; 2. CESEE: Output Gap Estimates, 2015 (percent of potential output); 3. CESEE: Potential Growth Estimates, 2015 (y-o-y, percent); APPENDICES; A.A comparison of output gap estimates using different indicators to identify; B. CESEE Countries' Potential Growth and Output Gaps. | |
| 505 | 8 | |a C. CESEE Countries' Potential Growth Decomposition (using production function approach)D. Decomposing Potential Growth into Common and Idiosyncratic; E. Data Sources and Variables Used for each Methodology. | |
| 520 | 3 | |a Was the postcrisis growth slowdown in Central, Eastern and Southeastern Europe (CESEE) structural or cyclical? We use three different methods-production function approach, basic multivariate filter, and multivariate filter with financial frictions-to evaluate potential growth and output gaps for 18 CESEE countries during 2000-15. Our findings suggest that potential growth weakened significantly after the crisis across most countries in the region. This decline appears to be largely due to stagnant productivity and weaker capital accumulation, which were associated with common external factors, including trading partners' slow potential growth, but also decline in global trade and stalled expansion of global value chains. Our estimates suggest that output gaps in 2015 were largely closed in many countries in the region. | |
| 651 | 0 | |a Europe, Central |x Economic conditions |y 1989- |0 http://id.loc.gov/authorities/subjects/sh2005005016 | |
| 651 | 0 | |a Europe, Eastern |x Economic conditions |y 1989- |0 http://id.loc.gov/authorities/subjects/sh90000332 | |
| 651 | 0 | |a Balkan Peninsula |x Economic conditions. | |
| 651 | 6 | |a Europe centrale |x Conditions économiques |y 1989- | |
| 651 | 6 | |a Europe de l'Est |x Conditions économiques |y 1989- | |
| 651 | 6 | |a Balkans |x Conditions économiques. | |
| 650 | 7 | |a BUSINESS & ECONOMICS |x Economics |x General. |2 bisacsh | |
| 650 | 7 | |a BUSINESS & ECONOMICS |x Reference. |2 bisacsh | |
| 650 | 7 | |a Economic history |2 fast | |
| 651 | 7 | |a Balkan Peninsula |2 fast |1 https://id.oclc.org/worldcat/entity/E39PBJhRJcwDhTXyG8xgjt9JjC | |
| 651 | 7 | |a Central Europe |2 fast | |
| 651 | 7 | |a Eastern Europe |2 fast | |
| 648 | 7 | |a Since 1989 |2 fast | |
| 700 | 1 | |a Raei, Faezeh, |e author. |0 http://id.loc.gov/authorities/names/no2008007594 | |
| 700 | 1 | |a Stepanyan, Ara, |e author. |0 http://id.loc.gov/authorities/names/no2009081853 | |
| 758 | |i has work: |a A Fresh Look at Potential Output in Central, Eastern, and Southeastern European Countries (Text) |1 https://id.oclc.org/worldcat/entity/E39PCGfyRmJj3KWPPHtDx3mjYd |4 https://id.oclc.org/worldcat/ontology/hasWork | ||
| 776 | 0 | 8 | |i Print version: |a Podpiera, Jiri. |t A Fresh Look at Potential Output in Central, Eastern, and Southeastern European Countries. |d Washington, D.C. : International Monetary Fund, ©2017 |z 9781475578980 |
| 830 | 0 | |a IMF working paper ; |v WP/17/37. |0 http://id.loc.gov/authorities/names/no89010263 | |
| 856 | 4 | 0 | |l FWS01 |p ZDB-4-EBU |q FWS_PDA_EBU |u https://search.ebscohost.com/login.aspx?direct=true&scope=site&db=nlebk&AN=1487673 |3 Volltext |
| 938 | |a EBL - Ebook Library |b EBLB |n EBL4826358 | ||
| 938 | |a EBSCOhost |b EBSC |n 1487673 | ||
| 938 | |a ProQuest MyiLibrary Digital eBook Collection |b IDEB |n cis37854003 | ||
| 938 | |a YBP Library Services |b YANK |n 13779280 | ||
| 994 | |a 92 |b GEBAY | ||
| 912 | |a ZDB-4-EBU | ||
| 049 | |a DE-863 | ||
Datensatz im Suchindex
| DE-BY-FWS_katkey | ZDB-4-EBU-ocn979108706 |
|---|---|
| _version_ | 1816796926640652289 |
| adam_text | |
| any_adam_object | |
| author | Podpiera, Jiří, 1976- Raei, Faezeh Stepanyan, Ara |
| author_GND | http://id.loc.gov/authorities/names/no2007083430 http://id.loc.gov/authorities/names/no2008007594 http://id.loc.gov/authorities/names/no2009081853 |
| author_facet | Podpiera, Jiří, 1976- Raei, Faezeh Stepanyan, Ara |
| author_role | aut aut aut |
| author_sort | Podpiera, Jiří, 1976- |
| author_variant | j p jp f r fr a s as |
| building | Verbundindex |
| bvnumber | localFWS |
| callnumber-first | H - Social Science |
| callnumber-label | HC244 |
| callnumber-raw | HC244 |
| callnumber-search | HC244 |
| callnumber-sort | HC 3244 |
| callnumber-subject | HC - Economic History and Conditions |
| collection | ZDB-4-EBU |
| contents | Cover; Contents; Abstract; I. Introduction; II. Methodology; A. HP Filter; B. Multivariate Filtering Approach; C. Multivariate Filter with Financial Frictions; D. Production Function Approach; E. How can different approaches be reconciled?; III. Results; A. Potential Growth and its Drivers; B. How Large Were Output Gaps in 2015?; IV. Conclusions; References; FIGURES; 1. CESEE EU: Comovement of Cyclical Variables; 2: Information used in Different Methods of Estimating Potential Output; 3. CESEE: Potential Growth Estimates; 4. CESEE: Common and Idiosyncratic Factors of Potential Growth. 5. CESEE: Output Gap Estimates Using Different Methodologies6. CESEE: Potential Growth Estimates Using Different Methodologies; 7. Output Gaps in 2015; 8. Inflation rates; TABLES; 1. Correlations between intensity measures of capital and labor utilization; 2. CESEE: Output Gap Estimates, 2015 (percent of potential output); 3. CESEE: Potential Growth Estimates, 2015 (y-o-y, percent); APPENDICES; A.A comparison of output gap estimates using different indicators to identify; B. CESEE Countries' Potential Growth and Output Gaps. C. CESEE Countries' Potential Growth Decomposition (using production function approach)D. Decomposing Potential Growth into Common and Idiosyncratic; E. Data Sources and Variables Used for each Methodology. |
| ctrlnum | (OCoLC)979108706 |
| dewey-full | 330.943 |
| dewey-hundreds | 300 - Social sciences |
| dewey-ones | 330 - Economics |
| dewey-raw | 330.943 |
| dewey-search | 330.943 |
| dewey-sort | 3330.943 |
| dewey-tens | 330 - Economics |
| discipline | Wirtschaftswissenschaften |
| era | Since 1989 fast |
| era_facet | Since 1989 |
| format | Electronic eBook |
| fullrecord | <?xml version="1.0" encoding="UTF-8"?><collection xmlns="http://www.loc.gov/MARC21/slim"><record><leader>05966cam a2200721Mi 4500</leader><controlfield tag="001">ZDB-4-EBU-ocn979108706</controlfield><controlfield tag="003">OCoLC</controlfield><controlfield tag="005">20241004212047.0</controlfield><controlfield tag="006">m o d </controlfield><controlfield tag="007">cr |n|---|||||</controlfield><controlfield tag="008">170325s2017 dcu o 000 0 eng d</controlfield><datafield tag="040" ind1=" " ind2=" "><subfield code="a">EBLCP</subfield><subfield code="b">eng</subfield><subfield code="e">pn</subfield><subfield code="c">EBLCP</subfield><subfield code="d">YDX</subfield><subfield code="d">IDEBK</subfield><subfield code="d">MERUC</subfield><subfield code="d">LLB</subfield><subfield code="d">OCLCQ</subfield><subfield code="d">WRM</subfield><subfield code="d">CEF</subfield><subfield code="d">OTZ</subfield><subfield code="d">N$T</subfield><subfield code="d">AGLDB</subfield><subfield code="d">IGB</subfield><subfield code="d">OCLCF</subfield><subfield code="d">OCLCQ</subfield><subfield code="d">G3B</subfield><subfield code="d">S8J</subfield><subfield code="d">S8I</subfield><subfield code="d">STF</subfield><subfield code="d">BTN</subfield><subfield code="d">AUW</subfield><subfield code="d">INTCL</subfield><subfield code="d">MHW</subfield><subfield code="d">SNK</subfield><subfield code="d">OCL</subfield><subfield code="d">OCLCQ</subfield><subfield code="d">CUS</subfield><subfield code="d">OCLCO</subfield><subfield code="d">OCLCQ</subfield><subfield code="d">OCLCO</subfield><subfield code="d">OCLCL</subfield></datafield><datafield tag="019" ind1=" " ind2=" "><subfield code="a">978647837</subfield><subfield code="a">978831206</subfield><subfield code="a">979214136</subfield><subfield code="a">979317208</subfield><subfield code="a">979811486</subfield><subfield code="a">980263599</subfield><subfield code="a">980397357</subfield><subfield code="a">980647252</subfield><subfield code="a">985997816</subfield><subfield code="a">1264967139</subfield></datafield><datafield tag="020" ind1=" " ind2=" "><subfield code="a">9781475584592</subfield><subfield code="q">(electronic bk.)</subfield></datafield><datafield tag="020" ind1=" " ind2=" "><subfield code="a">1475584598</subfield><subfield code="q">(electronic bk.)</subfield></datafield><datafield tag="020" ind1=" " ind2=" "><subfield code="z">1475584598</subfield></datafield><datafield tag="020" ind1=" " ind2=" "><subfield code="z">1475578989</subfield></datafield><datafield tag="020" ind1=" " ind2=" "><subfield code="z">9781475578980</subfield></datafield><datafield tag="024" ind1="7" ind2=" "><subfield code="a">10.5089/9781475578980.001</subfield><subfield code="2">doi</subfield></datafield><datafield tag="035" ind1=" " ind2=" "><subfield code="a">(OCoLC)979108706</subfield><subfield code="z">(OCoLC)978647837</subfield><subfield code="z">(OCoLC)978831206</subfield><subfield code="z">(OCoLC)979214136</subfield><subfield code="z">(OCoLC)979317208</subfield><subfield code="z">(OCoLC)979811486</subfield><subfield code="z">(OCoLC)980263599</subfield><subfield code="z">(OCoLC)980397357</subfield><subfield code="z">(OCoLC)980647252</subfield><subfield code="z">(OCoLC)985997816</subfield><subfield code="z">(OCoLC)1264967139</subfield></datafield><datafield tag="043" ind1=" " ind2=" "><subfield code="a">ec-----</subfield><subfield code="a">ee-----</subfield><subfield code="a">ed-----</subfield></datafield><datafield tag="050" ind1=" " ind2="4"><subfield code="a">HC244</subfield></datafield><datafield tag="072" ind1=" " ind2="7"><subfield code="a">BUS</subfield><subfield code="x">069000</subfield><subfield code="2">bisacsh</subfield></datafield><datafield tag="072" ind1=" " ind2="7"><subfield code="a">BUS</subfield><subfield code="x">055000</subfield><subfield code="2">bisacsh</subfield></datafield><datafield tag="082" ind1="7" ind2=" "><subfield code="a">330.943</subfield><subfield code="2">23</subfield></datafield><datafield tag="049" ind1=" " ind2=" "><subfield code="a">MAIN</subfield></datafield><datafield tag="100" ind1="1" ind2=" "><subfield code="a">Podpiera, Jiří,</subfield><subfield code="d">1976-</subfield><subfield code="e">author.</subfield><subfield code="1">https://id.oclc.org/worldcat/entity/E39PBJwxG74qVQX9PXMpG4HQv3</subfield><subfield code="0">http://id.loc.gov/authorities/names/no2007083430</subfield></datafield><datafield tag="245" ind1="1" ind2="2"><subfield code="a">A Fresh Look at Potential Output in Central, Eastern, and Southeastern European Countries /</subfield><subfield code="c">by Jiří Podpiera, Faezeh Raei, and Ara Stepanyan.</subfield></datafield><datafield tag="260" ind1=" " ind2=" "><subfield code="a">Washington, D.C. :</subfield><subfield code="b">International Monetary Fund,</subfield><subfield code="c">2017.</subfield></datafield><datafield tag="300" ind1=" " ind2=" "><subfield code="a">1 online resource (38 pages)</subfield></datafield><datafield tag="336" ind1=" " ind2=" "><subfield code="a">text</subfield><subfield code="b">txt</subfield><subfield code="2">rdacontent</subfield></datafield><datafield tag="337" ind1=" " ind2=" "><subfield code="a">computer</subfield><subfield code="b">c</subfield><subfield code="2">rdamedia</subfield></datafield><datafield tag="338" ind1=" " ind2=" "><subfield code="a">online resource</subfield><subfield code="b">cr</subfield><subfield code="2">rdacarrier</subfield></datafield><datafield tag="490" ind1="1" ind2=" "><subfield code="a">IMF working paper,</subfield><subfield code="x">1018-5941 ;</subfield><subfield code="v">WP/17/37</subfield></datafield><datafield tag="588" ind1="0" ind2=" "><subfield code="a">Print version record.</subfield></datafield><datafield tag="505" ind1="0" ind2=" "><subfield code="a">Cover; Contents; Abstract; I. Introduction; II. Methodology; A. HP Filter; B. Multivariate Filtering Approach; C. Multivariate Filter with Financial Frictions; D. Production Function Approach; E. How can different approaches be reconciled?; III. Results; A. Potential Growth and its Drivers; B. How Large Were Output Gaps in 2015?; IV. Conclusions; References; FIGURES; 1. CESEE EU: Comovement of Cyclical Variables; 2: Information used in Different Methods of Estimating Potential Output; 3. CESEE: Potential Growth Estimates; 4. CESEE: Common and Idiosyncratic Factors of Potential Growth.</subfield></datafield><datafield tag="505" ind1="8" ind2=" "><subfield code="a">5. CESEE: Output Gap Estimates Using Different Methodologies6. CESEE: Potential Growth Estimates Using Different Methodologies; 7. Output Gaps in 2015; 8. Inflation rates; TABLES; 1. Correlations between intensity measures of capital and labor utilization; 2. CESEE: Output Gap Estimates, 2015 (percent of potential output); 3. CESEE: Potential Growth Estimates, 2015 (y-o-y, percent); APPENDICES; A.A comparison of output gap estimates using different indicators to identify; B. CESEE Countries' Potential Growth and Output Gaps.</subfield></datafield><datafield tag="505" ind1="8" ind2=" "><subfield code="a">C. CESEE Countries' Potential Growth Decomposition (using production function approach)D. Decomposing Potential Growth into Common and Idiosyncratic; E. Data Sources and Variables Used for each Methodology.</subfield></datafield><datafield tag="520" ind1="3" ind2=" "><subfield code="a">Was the postcrisis growth slowdown in Central, Eastern and Southeastern Europe (CESEE) structural or cyclical? We use three different methods-production function approach, basic multivariate filter, and multivariate filter with financial frictions-to evaluate potential growth and output gaps for 18 CESEE countries during 2000-15. Our findings suggest that potential growth weakened significantly after the crisis across most countries in the region. This decline appears to be largely due to stagnant productivity and weaker capital accumulation, which were associated with common external factors, including trading partners' slow potential growth, but also decline in global trade and stalled expansion of global value chains. Our estimates suggest that output gaps in 2015 were largely closed in many countries in the region.</subfield></datafield><datafield tag="651" ind1=" " ind2="0"><subfield code="a">Europe, Central</subfield><subfield code="x">Economic conditions</subfield><subfield code="y">1989-</subfield><subfield code="0">http://id.loc.gov/authorities/subjects/sh2005005016</subfield></datafield><datafield tag="651" ind1=" " ind2="0"><subfield code="a">Europe, Eastern</subfield><subfield code="x">Economic conditions</subfield><subfield code="y">1989-</subfield><subfield code="0">http://id.loc.gov/authorities/subjects/sh90000332</subfield></datafield><datafield tag="651" ind1=" " ind2="0"><subfield code="a">Balkan Peninsula</subfield><subfield code="x">Economic conditions.</subfield></datafield><datafield tag="651" ind1=" " ind2="6"><subfield code="a">Europe centrale</subfield><subfield code="x">Conditions économiques</subfield><subfield code="y">1989-</subfield></datafield><datafield tag="651" ind1=" " ind2="6"><subfield code="a">Europe de l'Est</subfield><subfield code="x">Conditions économiques</subfield><subfield code="y">1989-</subfield></datafield><datafield tag="651" ind1=" " ind2="6"><subfield code="a">Balkans</subfield><subfield code="x">Conditions économiques.</subfield></datafield><datafield tag="650" ind1=" " ind2="7"><subfield code="a">BUSINESS & ECONOMICS</subfield><subfield code="x">Economics</subfield><subfield code="x">General.</subfield><subfield code="2">bisacsh</subfield></datafield><datafield tag="650" ind1=" " ind2="7"><subfield code="a">BUSINESS & ECONOMICS</subfield><subfield code="x">Reference.</subfield><subfield code="2">bisacsh</subfield></datafield><datafield tag="650" ind1=" " ind2="7"><subfield code="a">Economic history</subfield><subfield code="2">fast</subfield></datafield><datafield tag="651" ind1=" " ind2="7"><subfield code="a">Balkan Peninsula</subfield><subfield code="2">fast</subfield><subfield code="1">https://id.oclc.org/worldcat/entity/E39PBJhRJcwDhTXyG8xgjt9JjC</subfield></datafield><datafield tag="651" ind1=" " ind2="7"><subfield code="a">Central Europe</subfield><subfield code="2">fast</subfield></datafield><datafield tag="651" ind1=" " ind2="7"><subfield code="a">Eastern Europe</subfield><subfield code="2">fast</subfield></datafield><datafield tag="648" ind1=" " ind2="7"><subfield code="a">Since 1989</subfield><subfield code="2">fast</subfield></datafield><datafield tag="700" ind1="1" ind2=" "><subfield code="a">Raei, Faezeh,</subfield><subfield code="e">author.</subfield><subfield code="0">http://id.loc.gov/authorities/names/no2008007594</subfield></datafield><datafield tag="700" ind1="1" ind2=" "><subfield code="a">Stepanyan, Ara,</subfield><subfield code="e">author.</subfield><subfield code="0">http://id.loc.gov/authorities/names/no2009081853</subfield></datafield><datafield tag="758" ind1=" " ind2=" "><subfield code="i">has work:</subfield><subfield code="a">A Fresh Look at Potential Output in Central, Eastern, and Southeastern European Countries (Text)</subfield><subfield code="1">https://id.oclc.org/worldcat/entity/E39PCGfyRmJj3KWPPHtDx3mjYd</subfield><subfield code="4">https://id.oclc.org/worldcat/ontology/hasWork</subfield></datafield><datafield tag="776" ind1="0" ind2="8"><subfield code="i">Print version:</subfield><subfield code="a">Podpiera, Jiri.</subfield><subfield code="t">A Fresh Look at Potential Output in Central, Eastern, and Southeastern European Countries.</subfield><subfield code="d">Washington, D.C. : International Monetary Fund, ©2017</subfield><subfield code="z">9781475578980</subfield></datafield><datafield tag="830" ind1=" " ind2="0"><subfield code="a">IMF working paper ;</subfield><subfield code="v">WP/17/37.</subfield><subfield code="0">http://id.loc.gov/authorities/names/no89010263</subfield></datafield><datafield tag="856" ind1="4" ind2="0"><subfield code="l">FWS01</subfield><subfield code="p">ZDB-4-EBU</subfield><subfield code="q">FWS_PDA_EBU</subfield><subfield code="u">https://search.ebscohost.com/login.aspx?direct=true&scope=site&db=nlebk&AN=1487673</subfield><subfield code="3">Volltext</subfield></datafield><datafield tag="938" ind1=" " ind2=" "><subfield code="a">EBL - Ebook Library</subfield><subfield code="b">EBLB</subfield><subfield code="n">EBL4826358</subfield></datafield><datafield tag="938" ind1=" " ind2=" "><subfield code="a">EBSCOhost</subfield><subfield code="b">EBSC</subfield><subfield code="n">1487673</subfield></datafield><datafield tag="938" ind1=" " ind2=" "><subfield code="a">ProQuest MyiLibrary Digital eBook Collection</subfield><subfield code="b">IDEB</subfield><subfield code="n">cis37854003</subfield></datafield><datafield tag="938" ind1=" " ind2=" "><subfield code="a">YBP Library Services</subfield><subfield code="b">YANK</subfield><subfield code="n">13779280</subfield></datafield><datafield tag="994" ind1=" " ind2=" "><subfield code="a">92</subfield><subfield code="b">GEBAY</subfield></datafield><datafield tag="912" ind1=" " ind2=" "><subfield code="a">ZDB-4-EBU</subfield></datafield><datafield tag="049" ind1=" " ind2=" "><subfield code="a">DE-863</subfield></datafield></record></collection> |
| geographic | Europe, Central Economic conditions 1989- http://id.loc.gov/authorities/subjects/sh2005005016 Europe, Eastern Economic conditions 1989- http://id.loc.gov/authorities/subjects/sh90000332 Balkan Peninsula Economic conditions. Europe centrale Conditions économiques 1989- Europe de l'Est Conditions économiques 1989- Balkans Conditions économiques. Balkan Peninsula fast https://id.oclc.org/worldcat/entity/E39PBJhRJcwDhTXyG8xgjt9JjC Central Europe fast Eastern Europe fast |
| geographic_facet | Europe, Central Economic conditions 1989- Europe, Eastern Economic conditions 1989- Balkan Peninsula Economic conditions. Europe centrale Conditions économiques 1989- Europe de l'Est Conditions économiques 1989- Balkans Conditions économiques. Balkan Peninsula Central Europe Eastern Europe |
| id | ZDB-4-EBU-ocn979108706 |
| illustrated | Not Illustrated |
| indexdate | 2024-11-26T14:49:26Z |
| institution | BVB |
| isbn | 9781475584592 1475584598 |
| issn | 1018-5941 ; |
| language | English |
| oclc_num | 979108706 |
| open_access_boolean | |
| owner | MAIN DE-863 DE-BY-FWS |
| owner_facet | MAIN DE-863 DE-BY-FWS |
| physical | 1 online resource (38 pages) |
| psigel | ZDB-4-EBU |
| publishDate | 2017 |
| publishDateSearch | 2017 |
| publishDateSort | 2017 |
| publisher | International Monetary Fund, |
| record_format | marc |
| series | IMF working paper ; |
| series2 | IMF working paper, |
| spelling | Podpiera, Jiří, 1976- author. https://id.oclc.org/worldcat/entity/E39PBJwxG74qVQX9PXMpG4HQv3 http://id.loc.gov/authorities/names/no2007083430 A Fresh Look at Potential Output in Central, Eastern, and Southeastern European Countries / by Jiří Podpiera, Faezeh Raei, and Ara Stepanyan. Washington, D.C. : International Monetary Fund, 2017. 1 online resource (38 pages) text txt rdacontent computer c rdamedia online resource cr rdacarrier IMF working paper, 1018-5941 ; WP/17/37 Print version record. Cover; Contents; Abstract; I. Introduction; II. Methodology; A. HP Filter; B. Multivariate Filtering Approach; C. Multivariate Filter with Financial Frictions; D. Production Function Approach; E. How can different approaches be reconciled?; III. Results; A. Potential Growth and its Drivers; B. How Large Were Output Gaps in 2015?; IV. Conclusions; References; FIGURES; 1. CESEE EU: Comovement of Cyclical Variables; 2: Information used in Different Methods of Estimating Potential Output; 3. CESEE: Potential Growth Estimates; 4. CESEE: Common and Idiosyncratic Factors of Potential Growth. 5. CESEE: Output Gap Estimates Using Different Methodologies6. CESEE: Potential Growth Estimates Using Different Methodologies; 7. Output Gaps in 2015; 8. Inflation rates; TABLES; 1. Correlations between intensity measures of capital and labor utilization; 2. CESEE: Output Gap Estimates, 2015 (percent of potential output); 3. CESEE: Potential Growth Estimates, 2015 (y-o-y, percent); APPENDICES; A.A comparison of output gap estimates using different indicators to identify; B. CESEE Countries' Potential Growth and Output Gaps. C. CESEE Countries' Potential Growth Decomposition (using production function approach)D. Decomposing Potential Growth into Common and Idiosyncratic; E. Data Sources and Variables Used for each Methodology. Was the postcrisis growth slowdown in Central, Eastern and Southeastern Europe (CESEE) structural or cyclical? We use three different methods-production function approach, basic multivariate filter, and multivariate filter with financial frictions-to evaluate potential growth and output gaps for 18 CESEE countries during 2000-15. Our findings suggest that potential growth weakened significantly after the crisis across most countries in the region. This decline appears to be largely due to stagnant productivity and weaker capital accumulation, which were associated with common external factors, including trading partners' slow potential growth, but also decline in global trade and stalled expansion of global value chains. Our estimates suggest that output gaps in 2015 were largely closed in many countries in the region. Europe, Central Economic conditions 1989- http://id.loc.gov/authorities/subjects/sh2005005016 Europe, Eastern Economic conditions 1989- http://id.loc.gov/authorities/subjects/sh90000332 Balkan Peninsula Economic conditions. Europe centrale Conditions économiques 1989- Europe de l'Est Conditions économiques 1989- Balkans Conditions économiques. BUSINESS & ECONOMICS Economics General. bisacsh BUSINESS & ECONOMICS Reference. bisacsh Economic history fast Balkan Peninsula fast https://id.oclc.org/worldcat/entity/E39PBJhRJcwDhTXyG8xgjt9JjC Central Europe fast Eastern Europe fast Since 1989 fast Raei, Faezeh, author. http://id.loc.gov/authorities/names/no2008007594 Stepanyan, Ara, author. http://id.loc.gov/authorities/names/no2009081853 has work: A Fresh Look at Potential Output in Central, Eastern, and Southeastern European Countries (Text) https://id.oclc.org/worldcat/entity/E39PCGfyRmJj3KWPPHtDx3mjYd https://id.oclc.org/worldcat/ontology/hasWork Print version: Podpiera, Jiri. A Fresh Look at Potential Output in Central, Eastern, and Southeastern European Countries. Washington, D.C. : International Monetary Fund, ©2017 9781475578980 IMF working paper ; WP/17/37. http://id.loc.gov/authorities/names/no89010263 FWS01 ZDB-4-EBU FWS_PDA_EBU https://search.ebscohost.com/login.aspx?direct=true&scope=site&db=nlebk&AN=1487673 Volltext |
| spellingShingle | Podpiera, Jiří, 1976- Raei, Faezeh Stepanyan, Ara A Fresh Look at Potential Output in Central, Eastern, and Southeastern European Countries / IMF working paper ; Cover; Contents; Abstract; I. Introduction; II. Methodology; A. HP Filter; B. Multivariate Filtering Approach; C. Multivariate Filter with Financial Frictions; D. Production Function Approach; E. How can different approaches be reconciled?; III. Results; A. Potential Growth and its Drivers; B. How Large Were Output Gaps in 2015?; IV. Conclusions; References; FIGURES; 1. CESEE EU: Comovement of Cyclical Variables; 2: Information used in Different Methods of Estimating Potential Output; 3. CESEE: Potential Growth Estimates; 4. CESEE: Common and Idiosyncratic Factors of Potential Growth. 5. CESEE: Output Gap Estimates Using Different Methodologies6. CESEE: Potential Growth Estimates Using Different Methodologies; 7. Output Gaps in 2015; 8. Inflation rates; TABLES; 1. Correlations between intensity measures of capital and labor utilization; 2. CESEE: Output Gap Estimates, 2015 (percent of potential output); 3. CESEE: Potential Growth Estimates, 2015 (y-o-y, percent); APPENDICES; A.A comparison of output gap estimates using different indicators to identify; B. CESEE Countries' Potential Growth and Output Gaps. C. CESEE Countries' Potential Growth Decomposition (using production function approach)D. Decomposing Potential Growth into Common and Idiosyncratic; E. Data Sources and Variables Used for each Methodology. BUSINESS & ECONOMICS Economics General. bisacsh BUSINESS & ECONOMICS Reference. bisacsh Economic history fast |
| subject_GND | http://id.loc.gov/authorities/subjects/sh2005005016 http://id.loc.gov/authorities/subjects/sh90000332 |
| title | A Fresh Look at Potential Output in Central, Eastern, and Southeastern European Countries / |
| title_auth | A Fresh Look at Potential Output in Central, Eastern, and Southeastern European Countries / |
| title_exact_search | A Fresh Look at Potential Output in Central, Eastern, and Southeastern European Countries / |
| title_full | A Fresh Look at Potential Output in Central, Eastern, and Southeastern European Countries / by Jiří Podpiera, Faezeh Raei, and Ara Stepanyan. |
| title_fullStr | A Fresh Look at Potential Output in Central, Eastern, and Southeastern European Countries / by Jiří Podpiera, Faezeh Raei, and Ara Stepanyan. |
| title_full_unstemmed | A Fresh Look at Potential Output in Central, Eastern, and Southeastern European Countries / by Jiří Podpiera, Faezeh Raei, and Ara Stepanyan. |
| title_short | A Fresh Look at Potential Output in Central, Eastern, and Southeastern European Countries / |
| title_sort | fresh look at potential output in central eastern and southeastern european countries |
| topic | BUSINESS & ECONOMICS Economics General. bisacsh BUSINESS & ECONOMICS Reference. bisacsh Economic history fast |
| topic_facet | Europe, Central Economic conditions 1989- Europe, Eastern Economic conditions 1989- Balkan Peninsula Economic conditions. Europe centrale Conditions économiques 1989- Europe de l'Est Conditions économiques 1989- Balkans Conditions économiques. BUSINESS & ECONOMICS Economics General. BUSINESS & ECONOMICS Reference. Economic history Balkan Peninsula Central Europe Eastern Europe |
| url | https://search.ebscohost.com/login.aspx?direct=true&scope=site&db=nlebk&AN=1487673 |
| work_keys_str_mv | AT podpierajiri afreshlookatpotentialoutputincentraleasternandsoutheasterneuropeancountries AT raeifaezeh afreshlookatpotentialoutputincentraleasternandsoutheasterneuropeancountries AT stepanyanara afreshlookatpotentialoutputincentraleasternandsoutheasterneuropeancountries AT podpierajiri freshlookatpotentialoutputincentraleasternandsoutheasterneuropeancountries AT raeifaezeh freshlookatpotentialoutputincentraleasternandsoutheasterneuropeancountries AT stepanyanara freshlookatpotentialoutputincentraleasternandsoutheasterneuropeancountries |