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...

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Príomhchruthaitheoir: Anand, Rahul
Rannpháirtithe: Cheng, Kevin, Rehman, Sidra, Zhang, Longmei
Formáid: IRIS
Teanga:English
Foilsithe / Cruthaithe: Washington, D.C. : International Monetary Fund, 2014.
Sraith:IMF Working Papers; Working Paper ; No. 2014/002
Rochtain ar líne:Full text available on IMF
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100 1 |a Anand, Rahul. 
245 1 0 |a Potential Growth in Emerging Asia /  |c Rahul Anand, Kevin Cheng, Sidra Rehman, Longmei Zhang. 
264 1 |a Washington, D.C. :  |b International Monetary Fund,  |c 2014. 
300 |a 1 online resource (26 pages) 
490 1 |a IMF Working Papers 
500 |a <strong>Off-Campus Access:</strong> No User ID or Password Required 
500 |a <strong>On-Campus Access:</strong> No User ID or Password Required 
506 |a Electronic access restricted to authorized BRAC University faculty, staff and students 
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. 
538 |a Mode of access: Internet 
700 1 |a Cheng, Kevin. 
700 1 |a Rehman, Sidra. 
700 1 |a Zhang, Longmei. 
830 0 |a IMF Working Papers; Working Paper ;  |v No. 2014/002 
856 4 0 |z Full text available on IMF  |u http://elibrary.imf.org/view/journals/001/2014/002/001.2014.issue-002-en.xml  |z IMF e-Library