Results 1-5 of 5
The People’s Republic of China’s Long-Run Growth through the Lens of the Export-Led Growth Model
(Asian Development Bank, 2018-08-30)
The People’s Republic of China’s (PRC) remarkable growth performance over the last 3 decades has been associated to very robust export growth, so much so that many refer to it as a clear example of export-led growth (ELG). Using the concept of the ...
Export or Domestic-Led Growth in Asia?
(Asian Development Bank, 2005-05-01)
In recent years, some developing Asian countries claim to have started shifting emphasis from export-led to domestic-demand-led growth policies with a view to achieving a more balanced growth strategy. This paper evaluates empirically how far this shift ...
Tracking the Middle-Income Trap: What is It, Who is in It, and Why? (Part 2)
(Asian Development Bank, 2012-03-01)
"This paper proposes and analyzes one possible reason why some countries get stuck in the middle-income trap: the role played by the changing structure of the economy (from low-productivity activities into high-productivity activities), the types of ...
Education and the Journey to the Core: Path-dependence or Leapfrogging?
(Asian Development Bank, 2014-03-01)
We use changes in indices of revealed comparative advantage to study whether export diversification is path-dependent (i.e., history matters), and whether it is more difficult to diversify into more sophisticated products; and whether education helps ...
Benchmarking Developing Asia's Manufacturing Sector
(Asian Development Bank, 2007-09-01)
This paper documents the transformation of developing Asia’s manufacturing sector during the last three decades and benchmarks its share in GDP with respect to the international regression line by estimating a logistic regression.