Modeling with Limited Data: Estimating Potential Growth in Cambodia

Working Paper No. 12/96

This paper proposes a framework to analyze long-term potential growth that combines a simple quantitative model with an investigative approach of 'growth diagnostics'. The framework is used to forecast potential growth for Cambodia, and to conduct simulations about the main drivers of growth in that country. The main result is that Cambodia compares less favorably against other lower-income Asian economies in terms of its investment rate, which in turn is constrained by the poor quality of its infrastructure. Bridging this gap can lift Cambodia's potential growth by more than one percentage point.
Publication date: April 2012
ISBN: 9781475502862
$18.00
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Topics covered in this book

This title contains information about the following subjects. Click on a subject if you would like to see other titles with the same subjects.

Economics- Macroeconomics , Economics / General , International - Economics , Potential Output , Growth Diagnostics , Economic Growth , Economic Models , Production Growth

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