[PDF.68ps] Measuring the Potential Output of South Africa

Measuring the Potential Output of South Africa

[PDF.hs48] Measuring the Potential Output of South Africa

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 | #3573317 in eBooks |  2011-08-25 |  2011-08-25 | File type: PDF

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This paper provides an assessment of the South African potential output for the period 1985-2010 by applying both structural and nonstructural estimation techniques. The analysis suggests that, while potential output growth steadily accelerated in the post-apartheid era to about 3 1/2 percent (1994-2008), it has decelerated considerably following the outbreak of the financial crisis, as was observed in other advanced and emerging economies. While this indicates that, a...

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