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Business and Economics > Production and Operations Management

You are looking at 1 - 4 of 4 items for :

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Cover IMF Working Papers
Mongolia: Measuring the Output Gap
Julia Bersch
and
Tara M. Sinclair
This paper compares the output gap estimates for Mongolia based on a number of different methods. Special attention is paid to the substantial role of mining in the Mongolian economy. We find that a Blanchard and Quah-type joint model of output and inflation provides a more robust estimate of the output gap for Mongolia than the traditional statistical decompositions.
Keywords:
WP; output gap measure; GDP; output gap estimate; economy
Cover IMF Staff Papers
IMF Staff Papers, Volume 54, No. 1
International Monetary Fund. Research Dept.
This is the first issue of IMF Staff Papers published under a special partnership between the IMF and Palgrave Macmillan. Very little will change with regard to the journal's visual appearance, though significant service quality enhancements (e.g., an on-line interactive edition) will rollout before the end of 2007. For more information and regular updates, please access http://www.palgrave-journals.com/imfsp/index.html.
Keywords:
SP; forecast error; distance coefficient; commodity price shock; core inflation measure; adjustment effort; Commodity price shocks; Inflation; Employment; Commodity price fluctuations; Employment rate; Central and Eastern Europe; Western Hemisphere; Middle East; Africa; Asia and Pacific
Cover IMF Working Papers
Growth and Recovery in Mongolia During Transition
Mr. Kevin C Cheng
This paper studies Mongolia's experience of growth and recovery during the first decade of its transition to a market-based system and compares it with those of other transition economies. Mongolia, like most other transition economies, experienced a painful, initial "transformational recession" before the economy began to recover, with efficiency gains the main source of growth during the early stages of transition. Mongolia's transition process has been relatively smooth compared with other transition economies, probably reflecting the combined effects of some favorable initial conditions, coupled with the early adoption of appropriate adjustment policies and market-oriented reforms.
Keywords:
WP; Mongolia; process; economy; deflator; transition; growth accounting; transition economy; output performance; growth performance; depreciation rate; transition process; output recovery; sources of growth; primary sector; Total factor productivity; Stocks; Production growth; Central and Eastern Europe
Cover IMF Staff Country Reports
Mongolia: Selected Issues and Statistical Appendix
International Monetary Fund
This Selected Issues paper and Statistical Appendix analyzes growth and recovery in Mongolia during transition. The paper describes the major sources of economic growth in Mongolia since the early 1980s in the context of a basic growth accounting framework. It discusses Mongolia’s post-transition growth performance relative to other transition countries. This paper also summarizes the main weaknesses of the existing national accounts statistics and reviews the recent developments and prospects for the main components of GDP.
Keywords:
ISCR; CR; authority; firm; Mongolia; tertiary sector; GDP deflator; gas distribution company; physical capital; enterprise performance; low income; animal loss; transition economy; output recovery; cashmere company; beverage company; market economy; Privatization; Energy sector; Agricultural sector; Total factor productivity; Central and Eastern Europe