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Using capabilities to project growth, 2010–2030 |
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| Authors: | Jesus Felipe Utsav Kumar Arnelyn Abdon |
| Institution: | 6 ADB Avenue, Asian Development Bank, Mandaluyong City, Metro Manila, Philippines |
| 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. |
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