Munich Personal RePEc Archive

Producto Potencial y Brecha del Producto en Nicaragua

Urbina, Jilber (2014): Producto Potencial y Brecha del Producto en Nicaragua. Published in: Revista de Economía y Finanzas , Vol. II, (December 2015): pp. 59-93.

[img]
Preview
PDF
MPRA_paper_75592.pdf

Download (402kB) | Preview

Abstract

This work presents several estimations of Nicaraguan potential output. Results show that both, observed output and potential output are growing steadily. Potential output registered, on average, 3.41% in its growth rate for the period 2000-2013, meanwhile, observed output growths at 3.38% for the same time span. Specifically, the average potential growth was 4.59% in 2013 which fluctuates between a minimum value of 4.39% and a maximum of 4.80%. It was determined that the output gap is not statistically different from zero, which implies that domestic inflation is determined by factors other than the pressures generated via aggregate demand.

Logo of the University Library LMU Munich
MPRA is a RePEc service hosted by
the University Library LMU Munich in Germany.