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  • 1980-1984  (2)
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  • 1
    Electronic Resource
    Electronic Resource
    A note on capacity utilization, productivity, and the Canadian output gap (1984)
    Springer
    Empirical economics 9 (1984), S. 131-138 
    Details
    ISSN: 1435-8921
    Source: Springer Online Journal Archives 1860-2000
    Topics: Economics
    Notes: Abstract This study revises estimates of real Canadian potential output and the real GNP gap by applying a method of directly estimating the actual and potential factor utilization rates to quarterly Canadian data. The empirical results indicate that capital utilization varies just under twice as much as labour use over the cycle. The results also suggest that labour productivity will vary procyclically, with the elasticity of productivity with respect to the employment rate estimated to be 1.42.
    Type of Medium: Electronic Resource
    URL: http://dx.doi.org/10.1007/BF01973318
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    Paper (German National Licenses)
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  • 2
    Electronic Resource
    Electronic Resource
    Short-run forecasts of consumer expenditures based on the linear expenditure systems (1983)
    Springer
    Atlantic economic journal 11 (1983), S. 20-33 
    Details
    ISSN: 1573-9678
    Source: Springer Online Journal Archives 1860-2000
    Topics: Economics
    Notes: Summary The main purpose of this paper was to estimate various alternative expenditure systems for the Canadian economy using quarterly data and then to evaluate the performance of the models on the basis of short-run predictions. The results indicate that although the predictive performance of all the estimated models is similar, there is significant evidence in support of the LES. While a better evaluation of the models would consider the error structure in greater detail, that is a task for further research. For quarterly Canadian data, the LES provides somewhat better predictions than its competitors and satisfies all the theoretical criteria and restrictions imposed by its specification.
    Type of Medium: Electronic Resource
    URL: http://dx.doi.org/10.1007/BF02299998
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    Paper (German National Licenses)
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