Nuokrypio nuo ilgalaikės gamybos apimties tendencijos vertinimas

Padvilikis, Marius

Use this URL to cite this publication: https://hdl.handle.net/20.500.14911/141135

Nuokrypio nuo ilgalaikės gamybos apimties tendencijos vertinimas

Details

Publication Type (CRIS)

Straipsnis nerecenzuojamoje Lietuvos konferencijos medžiagoje / Article in non-peer-reviewed Lithuanian conference proceedings (P2c)

Publication Type (eLABa)

Straipsnis nerecenzuotame konferencijos darbų leidinyje / Article in an un-reviewed conference proceedings (P2)

Author(s)

Title

Nuokrypio nuo ilgalaikės gamybos apimties tendencijos vertinimas

[lt]

M. Padvilikis

Title in other language

Output Gap in Lithuania

[en]

Is part of

Matematika (2006 m.balandžio 20 d.). Informatika (2006 m. balandžio 12-13 d.d.): 9-osios Lietuvos jaunųjų mokslininkų konferencijos Mokslas - Lietuvos ateitis medžiaga

Published In

Year	Start Page	End Page
2006	59	68

Publisher

Vilnius : Technika, 2006

Extent

p. 59-68

URI

URI
https://hdl.handle.net/20.500.14911/141135

Cited references

Science / Art Area

Gamtos mokslai / Natural Sciences (N)

Field of Science / Art

Matematika / Mathematics (N001)

Abstract (en)

The output gap, defined as actual less potential output, is an importatnt variable in its own right and as an indicator of incipient changes in inflation. This paper reviews four mathods of estimating it for Lithuanian GDP data, including linar time trends, Hodrick- Prescott (HP) filter trends, band- Pass (BP) filter trends and a production function model. Estimates of the gap vary with the method used and are sensitive to changes in model specification. While gap estimates at any particular point in time are imprecise, the broad profile of the gap is similar across the range of methods examinated.