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Potential-Output-Messung für Österreich

Author

Listed:
  • Franz R. Hahn

    (WIFO)

  • Gerhard Rünstler

    (WIFO)

Abstract

Das Konzept des gesamtwirtschaftlichen Produktionspotentials (PO) dient Wirtschaftspolitik und Wirtschaftsforschung als Indikator für das langfristige Wachstumspotential einer Volkswirtschaft. Die Abweichung des tatsächlichen vom potentiellen Output gibt darüber hinaus Orientierungshilfen für die kurzfristige Stabilitätspolitik. Die Geld- und Währungsbehörden in vielen Industrieländern verwenden u. a. das Konzept des Potential Output zur Steuerung und Effektuierung inflationspolitischer Maßnahmen. Als geeignetes Maß für die Neuberechnung des PO für Österreich wird eine Kombination aus astrukturellen (mechanistischen) und strukturellen Elementen auf der Grundlage des "Natural-rate"-Gleichgewichtskonzeptes vorgeschlagen. Einfachheit der Berechnungsmethode bei gleichzeitig effizienter Nutzung der verfügbaren unterjährigen Daten- und Informationsbasis zählen zu den Vorteilen dieses Verfahrens.

Suggested Citation

  • Franz R. Hahn & Gerhard Rünstler, 1996. "Potential-Output-Messung für Österreich," WIFO Monatsberichte (monthly reports), WIFO, vol. 69(3), pages 223-234, March.
  • Handle: RePEc:wfo:monber:y:1996:i:3:p:223-234
    Note: With English abstract.
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    Citations

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    Cited by:

    1. Serguei Kaniovski & Hans Pitlik & Sandra Bilek-Steindl & Thomas Url, 2008. "A Decomposition of Austria's General Government Budget into Structural and Cyclical Components," WIFO Working Papers 316, WIFO.
    2. Pichelmann, Karl & Schuh, Andreas-Ulrich, 1996. "The NAIRU - Concept: A Few Remarks," Economics Series 36, Institute for Advanced Studies.
    3. Wolfgang Pollan, 2005. "Die Schätzung der NAIRU in einer korporatistischen Wirtschaft," WIFO Studies, WIFO, number 25709, March.

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