Results 1-3 of 3
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 ...
The People’s Republic of China's Potential Growth Rate: The Long-Run Constraints
(Asian Development Bank, 2014-11-15)
We estimate the People’s Republic of China’s (PRC’s) potential growth rate in 2012 at 8.7% and at 9.2% for the average of 2008–2012, about the same as the average actual growth rate for this period. This rate is the natural growth rate, that is, the ...