Using Capabilities to Project Growth, 2010-30
Bard College Levy Economics Institute Working Paper No. 609
23 Pages Posted: 16 Aug 2010
Date Written: August 16, 2010
We forecast average annual GDP growth for 147 countries for 2010-30. We use a cross-country regression model where the long-run fundamentals are determined by countries’ accumulated capabilities and the capacity to undergo structural transformation.
Keywords: Capabilities, Forecast, Growth
JEL Classification: C53, 050
Suggested Citation: Suggested Citation