Estimating Romania’s potential GDP: a production function and multivariate approach

This research assesses Romania’s potential GDP and its variances employing the production function methodology and a multivariate approach. The Cobb-Douglas function measures potential production by integrating labor, capital, and total factor productivity (TFP), utilizing Kalman filtering for labor...

Full description

Saved in:
Bibliographic Details
Main Authors: Georgian Dănuț MIHAI, Andreea-Mădălina BOZAGIU
Format: Article
Language:English
Published: General Association of Economists from Romania 2025-03-01
Series:Theoretical and Applied Economics
Subjects:
Online Access: http://store.ectap.ro/articole/1826.pdf
Tags: Add Tag
No Tags, Be the first to tag this record!