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Long-term projection of Myanmar economy by macro econometric model

Taguchi, Hiroyuki and Lar, Ni (2015): Long-term projection of Myanmar economy by macro econometric model. Published in: Chapter VII, Progress report on the potentials on the Indochina economic zone (March 2015): pp. 134-165.

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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.

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