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Modeling with Limited Data
Mr.Phurichai Rungcharoenkitkul
其他書名
Estimating Potential Growth in Cambodia
出版International Monetary Fund, 2012-04-01
主題Business & Economics / Production & Operations ManagementBusiness & Economics / Economics / Macroeconomics
ISBN147551753X9781475517538
URLhttp://books.google.com.hk/books?id=bWpcT2Z9Q2IC&hl=&source=gbs_api
EBookSAMPLE
註釋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.