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Becoming a rich country requires the ability to produce and export commodities that embody certain characteristics. We classify 779 exported commodities according to two dimensions: (1) sophistication (measured by the income content of the products exported); and (2) connectivity to other...
Persistent link: https://www.econbiz.de/10013134833
We forecast average annual GDP growth for 147 countries for 2010-30. We use a cross-country regression model where the long-run fundamentals are determined by countries' accumulated capabilities and the capacity to undergo structural transformation
Persistent link: https://www.econbiz.de/10013139269
We forecast average annual GDP growth for 147 countries for 2010–30. We use a cross-country regression model where the long-run fundamentals are determined by countries’ accumulated capabilities and the capacity to undergo structural transformation. -- Capabilities ; forecast ; growth
Persistent link: https://www.econbiz.de/10003996803
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Becoming a rich country requires the ability to produce and export commodities that embody certain characteristics. We classify 779 exported commodities according to two dimensions: (1) sophistication (measured by the income content of the products exported); and (2) connectivity to other...
Persistent link: https://www.econbiz.de/10008759380
Persistent link: https://www.econbiz.de/10010461964
This paper analyzes the degree of structural transformation in the Kyrgyz Republic’s economy by applying the new approach developed by Hausmann and Klinger (2007) and Hidalgo et al. (2007). We focus on the level of sophistication of the country’s exports, and discuss policy options to...
Persistent link: https://www.econbiz.de/10014193807
The growth diagnostics methodology pioneered by Hausmann et al. (2005) is becoming a key piece of the toolkit for donor agencies in formulate their operational strategies. This paper aims at clarifying the primary objectives of the approach, highlighting some limitations for operational use. The...
Persistent link: https://www.econbiz.de/10003781123