Found 4 article(s) for author 'global economic growth'

The Growth of the World Economy

The Growth of the World Economy. Dale Jorgenson, 2018, Book Chapter, “The World KLEMS Initiative was established at the First World KLEMS Conference, held at Harvard University in August 2010. The purpose of the initiative is to generate industry-level datasets, consisting of outputs and inputs of capital (K) and labor (L), together with inputs of energy (E), materials (M), and services (S). Productivity for each industry is defined as output per unit of all inputs. These datasets provide a new framework for analyzing the sources of economic growth at the industry and aggregate levels for countries around the world. This framework has closed a critical gap in systems of national accounts.Link

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The Real Exchange Rate, Innovation and Productivity

The Real Exchange Rate, Innovation and Productivity. Laura Alfaro, November 2017, Paper, “We evaluate manufacturing firms’ responses to changes in the real exchange rate (RER) using detailed firm-level data for a large set of countries for the period 2001-2010. We uncover the following stylized facts: In emerging Asia, real depreciations are associated with faster growth of firm-level TFP, sales and cash-flow, higher probabilities to engage in R&D and export. We find no significant effects for firms from industrialized economies and negative effects for firms in other emerging economies, which are less export-intensive and more import-intensive.Link

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China Could Export a Recession to Everyone Else

China Could Export a Recession to Everyone Else. Kenneth Rogoff, July 5, 2017, Video, “Soaring debt levels in China were a serious concern as the fallout of any crisis would hit everyone else, said a former International Monetary Fund (IMF) economist on Thursday. “If there’s a country in the world which is really going to affect everyone else and which is vulnerable, it’s got to be China today,” Kenneth Rogoff, economics professor at Harvard University, told CNBC’s “Squawk Box” on Thursday.Link

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China is the biggest threat to the global economy right now

China slowdown is global economy’s biggest threat. Kenneth Rogoff, September 26, 2016, Video, “The former chief economist of the International Monetary Fund has told the BBC a slowdown in China is the greatest threat to the global economy. Ken Rogoff said a calamitous “hard landing” for one of the main engines of global growth could not be ruled out. “China is going through a big political revolution,” he said.Link

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