In other words, sufficient resources must be committed to investment in agriculture on a continuous basis if the projected potential output increases at global, regional and country levels are to be realized.
The OBR also said much potential output growth would be down to net migration rising to 165,000 a year, an increase of 60,000 on its previous forecast and way above the Conservatives' pledge to cut net migration to below 100,000.
The slacks represent further potential of output increase in some dimensions, given that the DMUs can change the relative mix of outputs produced (Torgersen et al. 1996).
On Obama's stimulus package: Robert Gordon, a professor at Northwestern University, pointed out that the Obama stimulus did not increase the share of government spending in potential output, because the increase in spending by the federal government wasn't enough to offset the decline in state and local government spending that was also going on.
The CBO predicts they will "modestly" increase potential output.
Examples of such measures include tax cuts implemented to increase potential output and tax changes imposed by external bodies, such as the European institutions.
In these, fiscal policy should focus, not on short-term demand support, but on increasing potential output through investments in needed infrastructure and skills, as well as supply-friendly, equitable tax reform.
Smaller chips cut from larger wafers can mean an increase in potential output.
In fact, it calculates that net migration will add 0.6% to the potential output of the British economy and increase net tax receipts rather than be a burden, as most migrants are of working age rather than retired or children.
The potential output of a basin type still can potentially increase to almost 70 100%.
