[6] This «rule - of - thumb» allocation is consistent with a «threshold» approach, in which
industries are allocated to the tradable sector if either their exports or competing imports are greater than a certain share of their
gross output (generally 10 per cent; see Table B1 in Appendix B).
Output gap The output gap is the difference between an economy's actual output, otherwise known as gross domestic product (GDP), and what it would be if that country's industries were working fla
Output gap The
output gap is the difference between an economy's actual output, otherwise known as gross domestic product (GDP), and what it would be if that country's industries were working fla
output gap is the difference between an economy's actual
output, otherwise known as gross domestic product (GDP), and what it would be if that country's industries were working fla
output, otherwise known as
gross domestic product (GDP), and what it would be if that country's
industries were working flat out.