Showing 1 - 7 of 7
China's growth potential has become a hotly debated topic as the economy has reached an income level susceptible to the 'middle-income trap' and financial vulnerabilities are mounting after years of rapid credit expansion. However, the existing literature has largely focused on macro level...
Persistent link: https://www.econbiz.de/10012154921
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 from...
Persistent link: https://www.econbiz.de/10013054690
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)...
Persistent link: https://www.econbiz.de/10013059855
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
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:...
Persistent link: https://www.econbiz.de/10014394381
Persistent link: https://www.econbiz.de/10010359923
The paper analyzes the recent growth dynamics in China, evaluating both cyclical positions and long-term growth prospects. The analysis shows that financial cycles play a more important role than traditional inflation-based cycles in shaping the dynamics of growth. Currently, the...
Persistent link: https://www.econbiz.de/10012418220