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TrendThroughPeaks Methods of Estimating Capacity
Capacity Utilisation and BelowCapacity Working
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actual adjusted aggregate analysis assumption average hours Bosworth calculated capacity output capacity utilisation capital stock cent changes chapter Cobb-Douglas coefficients cyclical cyclical unemployment demand for labour discussed effect elasticities empirical employed employees employment function employment-population ratio equation ex ante factor Figure firms force time lost full capacity full-time equivalent full-time workers hours lost increase indicator input labour hoarding labour market accounts labour market utilisation labour resources Maddison manual males manufacturing industry market utilisation account measure of capital ment Netherlands Neubourg non-active normal hours NULT number of hours operative hour overtime parameters part-time workers percentage period persons population potential output problem production function quasi-rent reasons registered labour force regression returns to scale shift Shiskin Statistics structural structural unemployment survey Table technological TIUR trend under-utilisation unemployed unemployment rate United Kingdom University of Warwick utilisation rate variable cost vintage models Yearly hours