Modeling with Limited Data : Estimating Potential Growth in Cambodia /

This paper proposes a framework to analyze long-term potential growth that combines a simple quantitative model with an investigative approach of 'growth diagnostics'. The framework is used to forecast potential growth for Cambodia, and to conduct simulations about the main drivers of grow...

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Autor principal: Rungcharoenkitkul, Phurichai
Format: Revista
Idioma:English
Publicat: Washington, D.C. : International Monetary Fund, 2012.
Col·lecció:IMF Working Papers; Working Paper ; No. 2012/096
Accés en línia:Full text available on IMF
Descripció
Sumari:This paper proposes a framework to analyze long-term potential growth that combines a simple quantitative model with an investigative approach of 'growth diagnostics'. The framework is used to forecast potential growth for Cambodia, and to conduct simulations about the main drivers of growth in that country. The main result is that Cambodia compares less favorably against other lower-income Asian economies in terms of its investment rate, which in turn is constrained by the poor quality of its infrastructure. Bridging this gap can lift Cambodia's potential growth by more than one percentage point.
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Descripció física:1 online resource (18 pages)
Format:Mode of access: Internet
ISSN:1018-5941
Accés:Electronic access restricted to authorized BRAC University faculty, staff and students