文章基本信息

标题：Potential Output in the Seven Major OECD Countries
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作者：Raymond Torres ; John P. Martin
期刊名称：Economics Department Working Papers / OECD
印刷版ISSN：0259-4633
出版年度：1989
卷号：1989
DOI：10.1787/756608308425
出版社：Organisation for Economic Co-operation and Development (OECD)
摘要：This paper outlines the concepts and methods used by the OECD Secretariat to derive estimates of potential output and capacity utilisation for the major seven countries. While there are many alternative definitions of potential output, the one which is currently being used by the OECD Secretariat refers to the level of output that is consistent over the medium-term with stable inflation. The paper also contrasts the OECD approach and estimates with those published recently by the IMF. Finally, it presents the results of some INTERLINK simulations designed to illustrate some of the possible effects of faster productivity and potential output growth on macroeconomic performance ...