Working Papers

    2017

  • The Debate About the Sources of Growth in East Asia After a Quarter of a Century: much ado about nothing (with John McCombie). 2017. ADB Economics Working Paper Series No. 512 (May 2017) Download .pdf
  • 2016

  • The Pillars of Potential Growth and the Role of Policy (with Matteo Lanzafame, Noli Sotocinal and Connie Bayudan-Dacuycuy). 2016. ADB Economics Working Paper Series No. 482 (May 2016) Download .pdf
  • 2015

  • The Impact of Financial Factors on the Output Gap and Estimates of Potential Output Growth (with Noli Sotocinal and Connie Bayudan-Dacuycuy). 2015. ADB Economics Working Paper Series No. 457 (October 2015) Download .pdf
  • 2014

  • Education and Journey to the Core: Path-dependence or Leapfrogging (with Aashish Mehta). 2014. ADB Economics Working Paper Series No. 395 (April 2014) Download .pdf
  • The People’s Republic of China’s Potential Growth Rate: the Longrun Constraints (with Matteo Lanzafame and Juzhong Zhuang). 2014. ADB Economics Working Paper Series No. 418 (November 2014)
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  • The Declining Share of Agricultural Employment in the People’s Republic of China: How Fast? (with Connie Dacuycuy and Matteo Lanzafame). ADB Economics Working Paper Series No. 419 (November 2014) Download .pdf
  • Manufacturing Matters… but it’s the Jobs that Count (with Aashish Mehta and Changyong Rhee). 2014. ADB Economics Working Paper Series No. 420 (November 2014) Download .pdf | Download Update
  • Middle-Income Transitions: Trap or Myth? (with Utsav Kumar and Reynold Galope). 2014. ADB Economics Working Paper Series No. 421 (November 2014) Download .pdf
    2013

  • Agriculture and Structural Transformation in Developing Asia: Review and Outlook (with Roehlano Briones). 2013. ADB Economics Working Paper Series No. 363 (October 2013) Download .pdf
  • 2012

  • “Problems with Regional Production Functions and Estimates of Agglomeration Economies: A Caveat Emptor for Regional Scientists.” (with John McCombie). Working Paper 725 (May 2012). Levy Economics Institute of Bard College, New York. Download .pdf
  • “Aggregate Production Functions and the Accounting Identity Critique: Further Reflections on Temple’s Criticisms and Misunderstandings.” (with John McCombie).Working Paper 718 (May 2012). Levy Economics Institute of Bard College, New York. Download .pdf
  • “Tracking the Middle-income Trap: What Is It, Who Is in It, and Why?” (with Arnelyn Abdon and Utsav Kumar).Working Paper 715 (April 2012). Levy Economics Institute of Bard College, New York. Download .pdf
    1. Tracking the Middle-Income Trap: What is It, Who is in It, and Why? (Part 1). ADB Economics Working Paper Series No. 306 (March 2012). Download .pdf
    1. Tracking the Middle-Income Trap: What is It, Who is in It, and Why? (Part 2). ADB Economics Working Paper Series No. 307 (March 2012). Download .pdf
  • 2011

  • “The Product Space: What Does It Say About the Opportunities for Growth and Structural Transformation of Sub-Saharan Africa?” (with Arnelyn Abdon). Working Paper 670 (May 2011). Levy Economics Institute of Bard College, New York. Download .pdf
    1. Working Paper 05/2011. IDEAS Foundation, Madrid, Spain. English version. Spanish version.
  • “Unit Labor Costs in the eurozone: the competitiveness debate again” (with Utsav Kumar). Working Paper 651 (February 2011). Levy Economics Institute of Bard College, New York. Download .pdf
    1. “Do some countries in the Eurozone need an internal devaluation? A reassessment of what unit labour costs really mean”. VoxEU, 31 March 2011.
  • 2010

  • “How Rich Countries Became Rich and Why Poor Countries Remain Poor: It’s the Economic Structure . . . Duh!” (with Utsav Kumar and Arnelyn Abdon). Working Paper No. 644 (December 2010). Levy Economics Institute of Bard College, New York. Download .pdf
    1. “How Rich Countries Became Rich and Why Poor Countries Remain Poor: The Role of Sophisticated and Well-Connected Products”, VoxLACEA, 6 April 2011.
  • “Modeling Technological Progress and Investment in China” (with John McCombie). Working Paper No. 643 (December 2010). Levy Economics Institute of Bard College, New York. Download .pdf
  • “Exports, Capabilities, and Industrial Policy in India” (with Utsav Kumar and Arnelyn Abdon). Working Paper No. 638 (November 2010). Levy Economics Institute of Bard College, New York. Download .pdf
  • “Exploring the Philippine Economic Landscape and Structural Change Using the Input-Output Framework” (with Nedelyn Magtibay-Ramos and Gemma Estrada). Working Paper No. 631 (November 2010). Levy Economics Institute of Bard College, New York. Download .pdf
  • “The Impact of Geography and Natural Resource Abundance on Growth in Central Asia” (with Utsav Kumar). Working Paper No. 629 (October 2010). Levy Economics Institute of Bard College, New York.
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  • “The Role of Trade Facilitation in Central Asia: A Gravity Model” (with Utsav Kumar). Working Paper No. 628 (October 2010). Levy Economics Institute of Bard College, New York. Download .pdf
  • “Technical Change in India’s Organized Manufacturing Sector” (with Utsav Kumar). Working Paper No. 626 (October 2010). Levy Economics Institute of Bard College, New York. Download .pdf
  • “A Reassessment of the use of Unit Labor Costs as a tool for competitiveness and policy analyses in India”. Working Paper No. 624 (September 2010). Levy Economics Institute of Bard College, New York. Download .pdf
  • “Asia and the Global Crisis: Recovery Prospects and the Future”. Working Paper No. 619 (September 2010). Levy Economics Institute of Bard College, New York. Download .pdf
  • “Product Complexity and Economic Development” (with Arnelyn Abdon, Marife Bacate, and Utsav Kumar). Working Paper No. 616 (September 2010). Levy Economics Institute of Bard College, New York. Download .pdf
  • “As You Sow so Shall You Reap: From Capabilities to Opportunities” (with Utsav Kumar and Arnelyn Abdon). Working Paper No. 613 (August 2010). Levy Economics Institute of Bard College, New York. Download .pdf
    1. “Development and accumulation of new capabilities: The Index of Opportunities”. VoxEU, 22 July 2010.
  • “Why China Has Succeeded—and Why It Will Continue to Do So” (with Utsav Kumar, Norio Usui and Arnelyn Abdon). Working Paper No. 611 (August 2010). Levy Economics Institute of Bard College, New York. Download .pdf
    1. “China and India: Those two big outliers” (with Utsav Kumar and Arnelyn Abdon). VoxEU, 26 August 2010.
  • “Using Capabilities to Project Growth, 2010–30.” (with Utsav Kumar and Arnelyn Abdon). Working Paper No. 609 (September 2010). Levy Economics Institute of Bard College, New York. Download .pdf
  • “Overeducation in Developing Economies: How can we test for it, and what does it mean?” (with Aashish Mehta, Pilipinas Quising and Shiela Camingue). Center for Global and International Studies. University of California Santa Barbara. 2010. Download .pdf
    1. Final version.
  • 2009

  • “Where Have All the Educated Workers Gone? Education and Structural Transformation in Three Asian Economies” (with Aashish Mehta, Pilipinas Quising and Shiela Camingue). Center for Global and International Studies. University of California Santa Barbara. 2009. Download .pdf
  • “Is Pakistan’s Growth Rate Balance-of-Payments Constrained? Policies and Implications for Development and Growth.” ADB Economics Working Paper Series, No. 160 (May 2009). Download .pdf
  • 2008

  • “An Analysis of Pakistan’s Macroeconomic Situation and Prospects” (with Joseph Lim). ADB Economics Working Paper Series, No. 136 (December 2008). Download .pdf
  • “Rethinking the Growth Diagnostics Approach: Questions from the practitioners.” (with Norio Usui). ADB Economics Working Paper Series No. 132 (November 2008). Asian Development Bank, Manila, Philippines. Download .pdf
  • 2007

  • “A Note on Competitiveness and Structural Transformation in Pakistan.” ERD Working Paper Series No. 110 (December 2007). Asian Development Bank, Manila, Philippines. Download .pdf
  • “Sectoral Engines of Growth in Developing Asia: Stylized Facts and Implications.” (with Miguel-León–Ledesma, Matteo Lanzafame and Gemma Estrada). ERD Working Paper Series No. 107 (November 2007). Asian Development Bank, Manila, Philippines. Download .pdf
  • “Benchmarking Developing Asia’s manufacturing sector.” (with Gemma Estrada). ERD Working Paper Series No. 101 (September 2007). Asian Development Bank, Manila, Philippines. Download .pdf
  • “An Analysis of the Philippine Business Process Outsourcing Industry.” (with Nedelyn Magtibay-Ramos and Gemma Estrada). ERD Working Paper No. 93 (March 2007). Asian Development Bank, Manila, Philippines. Download .pdf
  • “Changing Patterns in Mincerian Returns to Education and Employment Structure in three Asian Countries” (with Aashish Mehta, Pilipinas Quising and Shiela Camingue). Center for Global and International Studies. University of California Santa Barbara. 2007. Download .pdf
  • 2005

  • “Export or Domestic-Led Growth in Asia?” ERD Working Paper No. 69 (May 2005). Asian Development Bank, Manila, Philippines. Download .pdf
  • “Aggregate Investment in the People’s Republic of China: A Comment” CAMA Working Paper 17/2005. Download .pdf
  • 2004

  • “Competitiveness, Income Distribution and Growth in the Philippines: What does the Long-Run Evidence Show?” (with Grace Sipin). ERD Working Paper No. 53 (June 2004). Asian Development Bank, Manila, Philippines. Download .pdf
  • 2003

  • “Is Export-Led Growth Passé? Implications for Developing Asia.” ERD Working Paper No. 48 (December 2003). Asian Development Bank, Manila, Philippines. Download .pdf
  • 2002

  • “Why are some countries richer than others? A Reassessment of Mankiw-Romer-Weil’s Test of the Neoclassical Growth Model.” ERD Working Paper No. 19 (August 2002). Asian Development Bank, Manila, Philippines. Download .pdf