Article ID Journal Published Year Pages File Type
964975 Journal of the Japanese and International Economies 2012 14 Pages PDF
Abstract

We forecast average annual GDP growth for 147 countries for 2010–2030. We use a cross-country regression model where the long-run fundamentals are determined by the countries’ accumulated capabilities and the capacity to undergo structural transformation.

► We forecast average annual GDP growth for 147 countries for 2010–2030. ► Long-run fundamentals are determined by the countries’ accumulated capabilities. ► And the capacity to undergo structural transformation. ► They are proxied by measures of export sophistication and potential.

Related Topics
Social Sciences and Humanities Economics, Econometrics and Finance Economics and Econometrics
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