Estimates of Canada’s potential GDP and output gap : a comparative analysis / [prepared by Russell Barnett and Chris Matier].: YN5-139/2010E-PDF

"In January 2010, PBO published its methodology and estimates of potential GDP (a measure of the economy’s productive capacity) and the Government’s structural budget balance (the balance that would be observed if the economy were operating at its potential). This note briefly reviews the usefulness of the concepts of potential GDP and the output gap (GDP relative to potential GDP), which figure prominently in the conduct of both monetary and fiscal policy"--Key Points, p. i.

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Publication information
Department/Agency Canada. Office of the Parliamentary Budget Officer.
Title Estimates of Canada’s potential GDP and output gap : a comparative analysis / [prepared by Russell Barnett and Chris Matier].
Publication type Monograph
Language [English]
Other language editions [French]
Format Electronic
Electronic document
Note(s) Issued also in French under title: Estimations du PIB potentiel et de l’écart de production du Canada – une analyse comparative.
"April 28, 2010."
Includes bibliographic references.
Publishing information Ottawa : Office of the Parliamentary Budget Officer, 2010.
Author / Contributor Barnett, Russell A.
Matier, Chris.
Description iii, 10 p. : charts.
Catalogue number
  • YN5-139/2010E-PDF
Subject terms Gross domestic product
Monetary policy
Fiscal policy
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