Consider Research and Development Activities in the Potential Assessment
Abstract Potential output is a measure of the longer-term production possibilities of an economy. Since this quantity cannot be observed directly, it must be determined on the basis of assumptions from existing data. The use of a production function was established in the European Commission’s proce...
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Main Author: | Torsten Schmidt |
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Format: | Article |
Language: | deu |
Published: |
Sciendo
2022-11-01
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Series: | Wirtschaftsdienst |
Online Access: | https://doi.org/10.1007/s10273-022-3327-9 |
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