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Long-term projection of Myanmar economy by macro econometric model

Author

Listed:
  • Taguchi, Hiroyuki
  • Lar, Ni

Abstract

The purpose of this chapter is to investigate the long-term growth prospects of Myanmar economy under such scenarios as intensifying investment and improving total factor productivity (TFP), to represent demand-management policies necessary to sustain its long-term economic growth, to provide strategic implications on the prerequisites to achieve an optimal growth path, and also to represent the sectoral breakdowns for GDP and labor projections. For these purpose, we construct a simple macro-econometric model as shown in Appendix 1 in detail, and conduct sectoral breakdowns by the methodology of using Thailand input-output tables.

Suggested Citation

  • Taguchi, Hiroyuki & Lar, Ni, 2015. "Long-term projection of Myanmar economy by macro econometric model," MPRA Paper 64412, University Library of Munich, Germany.
    • Handle: RePEc:pra:mprapa:64412
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    References listed on IDEAS

    as
    1. Sato, Kazuo, 1971. "International Variations in the Incremental Capital-Output Ratio," Economic Development and Cultural Change, University of Chicago Press, vol. 19(4), pages 621-640, July.
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    More about this item

    Keywords

    Long-term projection; Myanmar; macro econometric model;
    All these keywords.

    JEL classification:

    • E17 - Macroeconomics and Monetary Economics - - General Aggregative Models - - - Forecasting and Simulation: Models and Applications
    • O53 - Economic Development, Innovation, Technological Change, and Growth - - Economywide Country Studies - - - Asia including Middle East

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