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November 13, 2012 | Report
This report presents the methodology for The Conference Board Global Economic Outlook 2013, including projections for 11 major regions and individual estimates for 33 mature and 22 emerging market economies for 2013, 2014—2018, and 2019–2025. The projections are based on a supply-side based growth accounting model that estimates the contributions of the use of labor, capital, and productivity to the growth of GDP. Capital and productivity growth are estimated on the basis of a wide range of related variables during past periods. The trend growth rates that are obtained from this exercise are adjusted for possible deviations between actual and potential output.
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This report identifies trends to help businesses prepare for an environment with more challenges for labor and capital but improvements in productivity growth.
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