Potential Growth in Emerging Asia:
Using three distinct approaches-statistical filtering, production function, and multivariate model- this paper 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 Chi...
Gespeichert in:
| 1. Verfasser: | |
|---|---|
| Format: | Elektronisch E-Book |
| Sprache: | English |
| Veröffentlicht: |
Washington, D.C
International Monetary Fund
2014
|
| Schriftenreihe: | IMF Working Papers
Working Paper No. 14/02 |
| Online-Zugang: | UBW01 UEI01 LCO01 SBR01 UER01 SBG01 UBG01 FAN01 UBT01 FKE01 UBY01 UBA01 FLA01 UBM01 UPA01 UBR01 FHA01 FNU01 BSB01 TUM01 Volltext |
| Zusammenfassung: | Using three distinct approaches-statistical filtering, production function, and multivariate model- this paper 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 growth, largely reflecting a decline of total factor productivity (TFP) growth; (ii) by contrast, trend growth for the five ASEAN countries has been rather stable and might even have increased marginally, with the notable exception of Vietnam;(iii) over the longer term, demographic factors will be much more supportive in India and some ASEAN economies than in China, where working-age population should start shrinking, with the overall dependency ratio climbing by the end of this decade. Improving or sustaining potential growth calls for broad structural reforms |
| Beschreibung: | 1 Online-Ressource (26 p) |
| ISBN: | 148434572X 9781484345726 |
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| 520 | 3 | |a Using three distinct approaches-statistical filtering, production function, and multivariate model- this paper 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 growth, largely reflecting a decline of total factor productivity (TFP) growth; (ii) by contrast, trend growth for the five ASEAN countries has been rather stable and might even have increased marginally, with the notable exception of Vietnam;(iii) over the longer term, demographic factors will be much more supportive in India and some ASEAN economies than in China, where working-age population should start shrinking, with the overall dependency ratio climbing by the end of this decade. Improving or sustaining potential growth calls for broad structural reforms | |
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| id | DE-604.BV048341566 |
| illustrated | Not Illustrated |
| index_date | 2024-07-03T20:13:13Z |
| indexdate | 2024-07-10T09:35:21Z |
| institution | BVB |
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| series2 | IMF Working Papers |
| spelling | Anand, Rahul Verfasser aut Potential Growth in Emerging Asia Anand, Rahul Washington, D.C International Monetary Fund 2014 1 Online-Ressource (26 p) txt rdacontent c rdamedia cr rdacarrier IMF Working Papers Working Paper No. 14/02 Using three distinct approaches-statistical filtering, production function, and multivariate model- this paper 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 growth, largely reflecting a decline of total factor productivity (TFP) growth; (ii) by contrast, trend growth for the five ASEAN countries has been rather stable and might even have increased marginally, with the notable exception of Vietnam;(iii) over the longer term, demographic factors will be much more supportive in India and some ASEAN economies than in China, where working-age population should start shrinking, with the overall dependency ratio climbing by the end of this decade. Improving or sustaining potential growth calls for broad structural reforms Online-Ausg Cheng, Kevin C. Sonstige oth Rehman, Sidra Sonstige oth Zhang, Longmei Sonstige oth http://elibrary.imf.org/view/IMF001/21030-9781484345726/21030-9781484345726/21030-9781484345726.xml Verlag URL des Erstveröffentlichers Volltext |
| spellingShingle | Anand, Rahul Potential Growth in Emerging Asia |
| title | Potential Growth in Emerging Asia |
| title_auth | Potential Growth in Emerging Asia |
| title_exact_search | Potential Growth in Emerging Asia |
| title_exact_search_txtP | Potential Growth in Emerging Asia |
| title_full | Potential Growth in Emerging Asia Anand, Rahul |
| title_fullStr | Potential Growth in Emerging Asia Anand, Rahul |
| title_full_unstemmed | Potential Growth in Emerging Asia Anand, Rahul |
| title_short | Potential Growth in Emerging Asia |
| title_sort | potential growth in emerging asia |
| url | http://elibrary.imf.org/view/IMF001/21030-9781484345726/21030-9781484345726/21030-9781484345726.xml |
| work_keys_str_mv | AT anandrahul potentialgrowthinemergingasia AT chengkevinc potentialgrowthinemergingasia AT rehmansidra potentialgrowthinemergingasia AT zhanglongmei potentialgrowthinemergingasia |