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Can the IMF's Medium-Term Growth Projections Be Improved?

Can the IMF's Medium-Term Growth Projections Be Improved? »

Source: Can the IMF's Medium-Term Growth Projections Be Improved?

Volume/Issue: 2004/203

Series: IMF Working Papers

Author(s): Juan Zalduendo , and Catia Batista

Publisher: INTERNATIONAL MONETARY FUND

Publication Date: 01 October 2004

ISBN: 9781451874488

Keywords: Model estimation, forecasting, growth, inflation, statistic, terms of trade, inflation rates, Model Construction and Estimation, Forecasting and Other Model Applications, Economic Growth and Aggregate Productivity: General

Numerous reports have noted that the IMF's medium-term growth projections are overly optimistic, raising questions as to how these can be improved. To this end, we estimate a growth model and examine its out-of-sam...

Commodity Price Volatility and the Sources of Growth1

Commodity Price Volatility and the Sources of Growth1 »

Source: Commodity Price Volatility and the Sources of Growth

Volume/Issue: 2012/12

Series: IMF Working Papers

Author(s): International Monetary Fund

Publisher: INTERNATIONAL MONETARY FUND

Publication Date: 01 January 2012

ISBN: 9781463931179

Keywords: Growth, resource curse, volatility, gdp per capita, growth rate, tfp, Economic Growth of Open Economies, Economic Growth and Aggregate Productivity: General,

This paper studies the impact of the level and volatility of the commodity terms of trade on economic growth, as well as on the three main growth channels: total factor productivity, physical capital accumulation,...

Efficiency-Adjusted Public Capital and Growth

Efficiency-Adjusted Public Capital and Growth »

Source: Efficiency-Adjusted Public Capital and Growth

Volume/Issue: 2011/217

Series: IMF Working Papers

Author(s): Sanjeev Gupta , Alvar Kangur , Abdoul Wane , and Chris Papageorgiou

Publisher: INTERNATIONAL MONETARY FUND

Publication Date: 01 September 2011

ISBN: 9781463903503

Keywords: Public capital stock, public investment efficiency, appraisal, selection, implementation, evaluation of public investment, growth accounting, public investment, capital stock, investment management

This paper constructs an efficiency-adjusted public capital stock series and re-examines the public capital and growth relationship for 52 developing countries. The results show that public capital is a significant...

Human Capital Convergence

Human Capital Convergence »

Source: Human Capital Convergence : International Evidence

Volume/Issue: 2001/32

Series: IMF Working Papers

Author(s): Randa Sab , and Stephen Smith

Publisher: INTERNATIONAL MONETARY FUND

Publication Date: 01 March 2001

ISBN: 9781451845112

Keywords: convergence, growth, enrollment rate, equation, primary enrollment, enrollment rates, primary education, Economic Growth and Aggregate Productivity: General, Health: Other,

In the growth literature, evidence on income convergence is mixed. In the development literature, health and education indicators are also often used. This study examines whether health and education levels are con...

Can the IMF's Medium-Term Growth Projections Be Improved?

Can the IMF's Medium-Term Growth Projections Be Improved? »

Volume/Issue: 2004/203

Series: IMF Working Papers

Author(s): Juan Zalduendo , and Catia Batista

Publisher: INTERNATIONAL MONETARY FUND

Publication Date: 01 October 2004

DOI: http://dx.doi.org/10.5089/9781451874488.001

ISBN: 9781451874488

Keywords: Model estimation, forecasting, growth, inflation, statistic, terms of trade, inflation rates, Model Construction and Estimation, Forecasting and Other Model Applications, Economic Growth and Aggregate Productivity: General

Numerous reports have noted that the IMF's medium-term growth projections are overly optimistic, raising questions as to how these can be improved. To this end, we estimate a growth model and examine its out-of-sam...

Commodity Price Volatility and the Sources of Growth

Commodity Price Volatility and the Sources of Growth »

Volume/Issue: 2012/12

Series: IMF Working Papers

Author(s): International Monetary Fund

Publisher: INTERNATIONAL MONETARY FUND

Publication Date: 01 January 2012

DOI: http://dx.doi.org/10.5089/9781463931179.001

ISBN: 9781463931179

Keywords: Growth, resource curse, volatility, gdp per capita, growth rate, tfp, Economic Growth of Open Economies, Economic Growth and Aggregate Productivity: General,

This paper studies the impact of the level and volatility of the commodity terms of trade on economic growth, as well as on the three main growth channels: total factor productivity, physical capital accumulation,...

Efficiency-Adjusted Public Capital and Growth

Efficiency-Adjusted Public Capital and Growth »

Volume/Issue: 2011/217

Series: IMF Working Papers

Author(s): Sanjeev Gupta , Alvar Kangur , Abdoul Wane , and Chris Papageorgiou

Publisher: INTERNATIONAL MONETARY FUND

Publication Date: 01 September 2011

DOI: http://dx.doi.org/10.5089/9781463903503.001

ISBN: 9781463903503

Keywords: Public capital stock, public investment efficiency, appraisal, selection, implementation, evaluation of public investment, growth accounting, public investment, capital stock, investment management

This paper constructs an efficiency-adjusted public capital stock series and re-examines the public capital and growth relationship for 52 developing countries. The results show that public capital is a significant...

Human Capital Convergence
			: International Evidence

Human Capital Convergence : International Evidence »

Volume/Issue: 2001/32

Series: IMF Working Papers

Author(s): Randa Sab , and Stephen Smith

Publisher: INTERNATIONAL MONETARY FUND

Publication Date: 01 March 2001

DOI: http://dx.doi.org/10.5089/9781451845112.001

ISBN: 9781451845112

Keywords: convergence, growth, enrollment rate, equation, primary enrollment, enrollment rates, primary education, Economic Growth and Aggregate Productivity: General, Health: Other,

In the growth literature, evidence on income convergence is mixed. In the development literature, health and education indicators are also often used. This study examines whether health and education levels are con...

Regional Trade Agreements Versus Broad Liberalization
			: Which Path Leads to Faster Growth? Time-Series Evidence

Regional Trade Agreements Versus Broad Liberalization : Which Path Leads to Faster Growth? Time-Series Evidence »

Volume/Issue: 1998/40

Series: IMF Working Papers

Author(s): Athanasios Vamvakidis

Publisher: INTERNATIONAL MONETARY FUND

Publication Date: 01 March 1998

DOI: http://dx.doi.org/10.5089/9781451845945.001

ISBN: 9781451845945

Keywords: Economic Growth of Open Economies, trade share, independent variables, statistics, international trade, free trade

Should a closed economy open its trade to all countries or limit itself to participation in regional trade agreements (RTAs)? Based on time-series evidence for a data set for 1950-92, this paper estimates and compa...

The Long-Run Effects of Tradeon Income and Income Growth

The Long-Run Effects of Tradeon Income and Income Growth »

Volume/Issue: 2003/37

Series: IMF Working Papers

Author(s): Allan Brunner

Publisher: INTERNATIONAL MONETARY FUND

Publication Date: 01 February 2003

DOI: http://dx.doi.org/10.5089/9781451845594.001

ISBN: 9781451845594

Keywords: panel data model, trade share, gdp per capita, bilateral trade, growth rate, international trade, Economic Growth of Open Economies, Macroeconomic Analyses of Economic Development, Comparative Analysis of Economic Systems,

This paper examines the dynamic relationship between trade and income. While most economists agree that increased trade leads to an increase in average income, economic theory is ambiguous about the possible effect...