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We estimate the People's Republic of China's (PRC's potential growth rate in 2012 at 8.7% and at 9.2% for the average of 2008-2012, about the same as the average actual growth rate for this period. This rate is the natural growth rate, that is, the rate consistent with a constant unemployment...
Persistent link: https://www.econbiz.de/10011432703
, and supports the view that production complexity is important in order to account for differences in economic performance … performance. …
Persistent link: https://www.econbiz.de/10010507385