Growth, Trade, and Economic Development in Asia

This project seeks to investigate which factors have been responsible for the Asian economic miracles, the way and extent to which economic growth has been driven by R&D and human capital in Asia; whether low income Asian countries will take off and whether the growth in Asia will continue at a persistent, high level. A model will be constructed, based on the growth estimates, to simulate the consequences and its impact of future growth in Asia on the demand for skills, income distribution and trade in Australia.