Estimaciones alternativas del PIB potencial en la República Dominicana

Alternative methods to estimate the potential GDP of the Dominican Republic

Alexis Cruz Rodriguez and Martin Francos
Authors registered in the RePEc Author Service: Alexis Cruz-Rodriguez

MPRA Paper from University Library of Munich, Germany

Abstract: In this paper we apply different methods to calculate the potential output of the Dominican Republic. The estimates were made using two data sets. First, we use a quarterly data set covering the period 1980-2006 and then an annual data set for the period 1950-2006 is used. The results of the estimates for each method are compared based on growth rates and generate correlations between them. Growth rates are similar and found a high correlation between the different methods used. For the period 1950-2006 the country's potential output was around 4.8%, while for the period 1980-2006 it was around 4.0%. Additionally, these results allow for calculation the gap between actual and potential output.

Keywords: output; gap (search for similar items in EconPapers)
JEL-codes: E23 E32 (search for similar items in EconPapers)
Date: 2008-02-28
New Economics Papers: this item is included in nep-mac
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Citations: View citations in EconPapers (4)

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https://mpra.ub.uni-muenchen.de/48132/1/MPRA_paper_15614.pdf revised version (application/pdf)

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