Fouré, Jean; Bénassy-Quéré, Agnès; Fontagné, Lionel - HAL - 2012
full capital mobility by applying a Feldstein-Horioka-type relationship between savings and investment rates. Our results … suggest that, accounting for relative price variations, China could account for 33% of the world economy in 2050, which would … China would overtake the United States around 2020 (2040 at constant relative prices). However, in terms of standards of …