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This paper attempts to examine, compare and forecast the per capita GDP of India, the USA, China, and Japan for a … ARIMA approach. The ARIMA equation varies for each country chosen. The notation for China is ARIMA (2,2,0), for India it is … the US & Japan. In the case of China, the catching-up effect takes place after 1989, as after that the GDP growth rate of …
Persistent link: https://www.econbiz.de/10013216161
This paper uses a new cross-country cross-industry dataset on investment in tangible and intangible assets for 18 European countries and the US. We set out a framework for measuring intangible investment and capital stocks and their effect on output, inputs and total factor productivity. The...
Persistent link: https://www.econbiz.de/10011587816
Following Bai (2004) and Bai and Ng (2004) we estimate a common factor representation of a panel of output series for India, disaggregated by 15 states and 14 broad industry groups. We find that a single common "V-Factor" accounts for a large part of the significant shift in the cross-sectional...
Persistent link: https://www.econbiz.de/10003809921
discuss stylized facts about East Asia's trade structure. The People's Republic of China (PRC) plays a critical role as an …
Persistent link: https://www.econbiz.de/10003984627
While the traditional approach to the adjustment of international imbalances assumes industrialized countries at a similar level of development and with similar production structures, such imbalances have historically been the result of a process of catching up by late-industrializing developing...
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