Showing 1 - 7 of 7
Persistent link: https://www.econbiz.de/10010389478
The paper analyzes the recent growth dynamics in China, evaluating both cyclical positions and long-term growth … likely and needed in the near term to restore the economy to equilibrium. In the medium term, growth will slow as China moves …
Persistent link: https://www.econbiz.de/10012418220
China's growth potential has become a hotly debated topic as the economy has reached an income level susceptible to the … literature has largely focused on macro level aggregates, which are ill suited to understanding China's significant structural … transformation and its impact on economic growth. To fill the gap, this paper takes a deep dive into China's convergence progress in …
Persistent link: https://www.econbiz.de/10012154921
estimates potential growth for China, India, and five ASEAN countries (Indonesia, Malaysia, the Philippines, Thailand, and … Vietnam) during 1993–2013. The main findings include: (i) both China and India have recently exhibited a slowdown in potential …;(iii) over the longer term, demographic factors will be much more supportive in India and some ASEAN economies than in China …
Persistent link: https://www.econbiz.de/10014394381
Persistent link: https://www.econbiz.de/10009726405
Korea’s rapid growth has slowed in recent years, suggesting lower potential growth. This paper uses an array of techniques, including statistical filters, a multivariate model and the production function, to estimate Korea’s potential growth. The main finding is that trend growth has fallen...
Persistent link: https://www.econbiz.de/10014411160
This paper studies growth patterns in Emerging Market Economies (EMs) from the perspective on clusters and taxonomies. First, it documents developments over the past five decades in EMs and uses a cluster analysis to better understand convergence and the investment-growth nexus. Second, it looks...
Persistent link: https://www.econbiz.de/10011447085