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Capacity Utilization: Concept, Measurement, and Recent Estimates

Author

Listed:
  • Lawrence R. Klein

    (University of Pennsylvania)

  • Virginia Long

    (Wharton Economic Forecasting Associates)

Abstract

No abstract is available for this item.

Suggested Citation

  • Lawrence R. Klein & Virginia Long, 1973. "Capacity Utilization: Concept, Measurement, and Recent Estimates," Brookings Papers on Economic Activity, Economic Studies Program, The Brookings Institution, vol. 4(3), pages 743-764.
    • Handle: RePEc:bin:bpeajo:v:4:y:1973:i:1973-3:p:743-764
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    File URL: https://www.brookings.edu/wp-content/uploads/1973/12/1973c_bpea_klein_long_greenspan_greenwald_edmonson_perry.pdf
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    Citations

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    Cited by:

    1. Kennedy, James E., 1998. "An Analysis of Time-Series Estimates of Capacity Utilization," Journal of Macroeconomics, Elsevier, vol. 20(1), pages 169-187, January.
    2. Federico Bassi, 2020. "Chronic Excess Capacity and Unemployment Hysteresis in EU Countries. A Structural Approach," DISCE - Working Papers del Dipartimento di Economia e Finanza def091, Università Cattolica del Sacro Cuore, Dipartimenti e Istituti di Scienze Economiche (DISCE).
    3. Dale Squires & Yongil Jeon & R. Quentin Grafton & James Kirkley, 2010. "Controlling excess capacity in common-pool resource industries: the transition from input to output controls ," Australian Journal of Agricultural and Resource Economics, Australian Agricultural and Resource Economics Society, vol. 54(3), pages 361-377, July.
    4. Albert A. Hirsch, 1977. "Measurement and Price Effects of Aggregate Supply Constraints," NBER Chapters, in: Analysis of Inflation: 1965–1974, pages 299-332, National Bureau of Economic Research, Inc.
    5. Calista Cheung & Luke Frymire & Lise Pichette, 2020. "Can the Business Outlook Survey Help Improve Estimates of the Canadian Output Gap?," Discussion Papers 2020-14, Bank of Canada.
    6. Jianmin Tang & Weimin Wang, 2023. "Capacity Utilization and Production Function Estimation: Implications for Productivity Analysis," International Productivity Monitor, Centre for the Study of Living Standards, vol. 45, pages 178-199, Fall.
    7. Dale Squires & Kathleen Segerson, 2022. "Capacity and Capacity Utilization in Production Economics," Springer Books, in: Subhash C. Ray & Robert G. Chambers & Subal C. Kumbhakar (ed.), Handbook of Production Economics, chapter 24, pages 1001-1037, Springer.
    8. Ray, Subhash C., 2015. "Nonparametric measures of scale economies and capacity utilization: An application to U.S. manufacturing," European Journal of Operational Research, Elsevier, vol. 245(2), pages 602-611.
    9. James Kirkley & Catherine Morrison Paul & Dale Squires, 2002. "Capacity and Capacity Utilization in Common-pool Resource Industries," Environmental & Resource Economics, Springer;European Association of Environmental and Resource Economists, vol. 22(1), pages 71-97, June.
    10. Mohieddine Rahmouni, 2021. "Determinants of capacity utilisation by firms in developing countries: evidence from Tunisia," International Journal of Technological Learning, Innovation and Development, Inderscience Enterprises Ltd, vol. 13(3), pages 212-245.
    11. Ma, Hongqi & Mei, Xinxiang & Tian, Yuan, 2020. "The impacts and potential mechanisms of credit support with regard to overcapacity: Based on theoretical and empirical analyses of steel enterprises," Resources Policy, Elsevier, vol. 68(C).
    12. Paul W. Bauer, 1990. "A reexamination of the relationship between capacity utilization and inflation," Economic Review, Federal Reserve Bank of Cleveland, vol. 26(Q III), pages 2-12.
    13. Pierre-Alain Pionnier & Belén Zinni & Kéa Baret, 2023. "Measuring Capital and Multifactor Productivity: The Role of Asset Depreciation and Initial Capital Stock Estimates," International Productivity Monitor, Centre for the Study of Living Standards, vol. 45, pages 155-177, Fall.
    14. Kirkley, James E & Squires, Dale, 1999. "Capacity and Capacity Utilization in Fishing Industries," University of California at San Diego, Economics Working Paper Series qt6k91b50v, Department of Economics, UC San Diego.
    15. Maura P Doyle, 2000. "The 1989 Change in the Definition of Capacity: A Plant-Level Perspective," Working Papers 00-09, Center for Economic Studies, U.S. Census Bureau.
    16. Pulido San Román, Antonio & Pérez García, Julián, 2006. "Lawrence R. Klein and Applied Economics/Lawrence R. Klein y la economía aplicada," Estudios de Economia Aplicada, Estudios de Economia Aplicada, vol. 24, pages 43-94, Abril.
    17. Benan ERES, 2011. "Alternative Measures of Rate of Capacity Utilization for the Turkish Economy: A Comparative Analysis in Means of Adequacy for Empirical Investigation and Growth Models," Sosyoekonomi Journal, Sosyoekonomi Society, issue 16(16).
    18. Farrell, Niall, 2023. "Policy design for green hydrogen," Renewable and Sustainable Energy Reviews, Elsevier, vol. 178(C).
    19. Dupont, Diane P. & Grafton, R. Quentin & Kirkley, James & Squires, Dale, 2002. "Capacity utilization measures and excess capacity in multi-product privatized fisheries," Resource and Energy Economics, Elsevier, vol. 24(3), pages 193-210, June.

    More about this item

    Keywords

    macroeconomics; capacity utilization;

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