Growth Prospects in China and India Compared

Richard Herd and Sean Dougherty

European Journal of Comparative Economics, 2007, vol. 4, issue 1, 65-89

Abstract: This paper compares the growth prospects of China and India through a growth accounting analysis. Consistent time series for capital stock and employment are constructed using available survey data, and recent revisions to the national accounts for both countries are incorporated. The results allow for a discussion of the sources of growth in both countries, and a consideration of each country's rate of potential growth in light of the outlook for national savings, as demographic shifts occur in each country.

Keywords: Growth accounting; potential growth; capital measurement; demographics; China; India (search for similar items in EconPapers)
JEL-codes: E20 O11 O47 P52 (search for similar items in EconPapers)
Date: 2007
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Citations: View citations in EconPapers (21)

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Persistent link: https://EconPapers.repec.org/RePEc:liu:liucej:v:4:y:2007:i:1:p:65-89

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