Possible Results:
hubiera declinado
-I had declined
Past perfect subjunctiveyoconjugation ofdeclinar.
hubiera declinado
-he/she/you had declined
Past perfect subjunctiveél/ella/ustedconjugation ofdeclinar.

declinar

Sin shocks externos negativos, el exorbitante crecimiento de la PTF hubiera declinado gradualmente, a medida que los resultados de los ajustes institucionales, la reasignación de recursos y el cierre de la brecha tecnológica disminuyeran naturalmente según la hipótesis de la convergencia.
Without negative external shocks, exorbitant TFP growth would have declined gradually, as the returns from institutional adjustment, reallocation of resources, and technological catch-up naturally diminished, in accordance with the convergence hypothesis.
Word of the Day
cliff