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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 ...
Is Employment Globalizing?
(Asian Development Bank, 2018-09-15)
We investigate the claim that national labor markets have become more globally interconnected in recent decades. We do so by deriving estimates over time of three different notions of interconnection: (i) the share of labor demand that is export induced ...