Template-Type: ReDIF-Paper 1.0
Author-Name: Daan Steenkamp
Title: Productivity estimates for South Africa from CES production functions
Abstract: This paper provides estimates of the elasticity of substitution and total factor productivity (TFP) for South Africa. Estimates are based on constant elasticity of substitution (CES) production functions. Estimates of potential output and the output gap implied by different CES model specifications are also compared to those from other models.
Creation-Date: 2018-11-19
File-URL: http://www.resbank.co.za/content/dam/sarb/publications/working-papers/2018/8937/WP-1805.pdf
File-Format: application/pdf
File-Function: Revision
Number: 8937
Handle: RePEc:rbz:wpaper:8937