The evidence for the importance of growth is weaker than RCTS by its nature. We’re mostly relying on arguments from authority and the eye test. Most economists agree that institutions matter. Shenzhen before and after SEZ status gives an idea of the potential upside. I think most economists would be sympathetic to our high, med, and low estimates of growth.
Very pessimistic is 0, and very optimistic is 5+%, but we bounded our estimates
The evidence for the importance of growth is weaker than RCTS by its nature. We’re mostly relying on arguments from authority and the eye test. Most economists agree that institutions matter. Shenzhen before and after SEZ status gives an idea of the potential upside. I think most economists would be sympathetic to our high, med, and low estimates of growth.
Very pessimistic is 0, and very optimistic is 5+%, but we bounded our estimates