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来源类型 | Discussion paper |
规范类型 | 论文 |
来源ID | DP9779 |
DP9779 Emerging Economies, Productivity Growth, and Trade with Resource-Rich Economies by 2030 | |
Kym Anderson; Anna Strutt | |
发表日期 | 2013-12-08 |
出版年 | 2013 |
语种 | 英语 |
摘要 | Rapid economic growth in some emerging economies in recent decades has significantly increased their global economic importance. If this rapid growth continues and is strongest in resource-poor Asian economies, the growth in global demand for imports of primary products also will continue, to the on-going benefit of natural resource-rich countries. This paper explores how global production, consumption and trade patterns might change over the next two decades in the course of economic development and structural changes under various scenarios. We employ the GTAP model and Version 8.1 of the GTAP database with a base year of 2007, along with supplementary data from a range of sources, to support projections of the global economy to 2030. We first project a baseline assuming trade-related policies do not change in each region but that factor endowments and real GDP grow at exogenously estimated rates. That baseline is compared with two alternative scenarios: one in which the growth rates of China and India are lower by one-quarter, and the other in which this slowdown in emerging economies leads to slower productivity growth in the primary sectors of all countries. Throughout the results, implications are drawn out for natural resource-abundant economies, including Australia and New Zealand. |
主题 | International Trade and Regional Economics |
关键词 | Global economy-wide model projections Asian economic growth and structural change Booming sector economics Food security |
URL | https://cepr.org/publications/dp9779 |
来源智库 | Centre for Economic Policy Research (United Kingdom) |
资源类型 | 智库出版物 |
条目标识符 | http://119.78.100.153/handle/2XGU8XDN/538615 |
推荐引用方式 GB/T 7714 | Kym Anderson,Anna Strutt. DP9779 Emerging Economies, Productivity Growth, and Trade with Resource-Rich Economies by 2030. 2013. |
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