Please use this identifier to cite or link to this item: http://hdl.handle.net/10419/210382
Authors: 
Yeung, Wilson Au
Kouparitsas, Michael
Luu, Nghi
Sharma, Dhruv
Year of Publication: 
2013
Series/Report no.: 
Treasury Working Paper No. 2013-02
Abstract: 
This paper develops a framework for projecting the GDP growth of Australia’s trading partners from 2012 to 2050. The framework draws heavily on the existing conditional growth literature, including long-standing estimates of key convergence parameters. It adds to the large amount of research in this area by providing estimates of the level of long-run relative productivity for 155 countries. We use a novel non-parametric approach that combines the World Economic Forum’s ordinal measure of long-run relative productivity (the ‘Global Competiveness Index’) and actual observed productivity to produce a cardinal measure of long-run relative productivity.
Subjects: 
China
India
conditional convergence
JEL: 
F01
O40
O50
ISBN: 
978-0-642-74935-2
Creative Commons License: 
https://creativecommons.org/licenses/by/3.0/au/legalcode
Document Type: 
Working Paper

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