All

What are you looking for?

All
Projects
Results
Organizations

Quick search

  • Projects supported by TA ČR
  • Excellent projects
  • Projects with the highest public support
  • Current projects

Smart search

  • That is how I find a specific +word
  • That is how I leave the -word out of the results
  • “That is how I can find the whole phrase”

The Time Augmented Cobb-Douglas Production Function as a Tool of the Potential Output Estimation

The result's identifiers

  • Result code in IS VaVaI

    <a href="https://www.isvavai.cz/riv?ss=detail&h=RIV%2F62156489%3A43110%2F20%3A43918273" target="_blank" >RIV/62156489:43110/20:43918273 - isvavai.cz</a>

  • Result on the web

    <a href="https://mme2020.mendelu.cz/wcd/w-rek-mme/mme2020_conference_proceedings_final.pdf" target="_blank" >https://mme2020.mendelu.cz/wcd/w-rek-mme/mme2020_conference_proceedings_final.pdf</a>

  • DOI - Digital Object Identifier

Alternative languages

  • Result language

    angličtina

  • Original language name

    The Time Augmented Cobb-Douglas Production Function as a Tool of the Potential Output Estimation

  • Original language description

    The main aim of this paper is to propose and verify the most appropriate specification of the time augmented Cobb-Douglas production function and use it as an alternative way for the potential output and production gap estimation in the Visegrád Four countries, Austria and Germany during 1995-2015. We also compare the results based on the time augmented Cobb-Douglas production function including all parameters estimated and the approach based on the commonly used assumption that the labour factor intensity parameter is defined as a share of labour compensation in GDP. All the models are estimated via Nonlinear Least Squares technique and the time series data are sourced from the EU KLEMS and OECD database. Based on the results we evaluate the individual specifications with respect to the economic output development in each of the investigated countries. The results also show this function can be used as an alternative way for the purpose of the potential output analysis.

  • Czech name

  • Czech description

Classification

  • Type

    D - Article in proceedings

  • CEP classification

  • OECD FORD branch

    50202 - Applied Economics, Econometrics

Result continuities

  • Project

  • Continuities

    S - Specificky vyzkum na vysokych skolach

Others

  • Publication year

    2020

  • Confidentiality

    S - Úplné a pravdivé údaje o projektu nepodléhají ochraně podle zvláštních právních předpisů

Data specific for result type

  • Article name in the collection

    Mathematical Methods in Economics 2020: Conference Proceedings

  • ISBN

    978-80-7509-734-7

  • ISSN

  • e-ISSN

  • Number of pages

    7

  • Pages from-to

    504-510

  • Publisher name

    Mendelova univerzita v Brně

  • Place of publication

    Brno

  • Event location

    Brno

  • Event date

    Sep 9, 2020

  • Type of event by nationality

    WRD - Celosvětová akce

  • UT code for WoS article

    000668460800077