Showing 1 - 9 of 9
Chinese provinces over the 1992-2009. Based on exploratory spatial data analysis, spatial sigma-convergence and spatial Durbin … specifications, we present a much clearer picture of FDI dispersion and spatial convergence across China by highlighting the … spillover effects of FDI localization in Chinese provinces and regions. Our results are threefold. First, FDI convergence is …
Persistent link: https://www.econbiz.de/10010883838
This paper considers how specific the Chinese growth experience is in the convergence debate. It shows the location of … China within the cross-country relations of (absolute and conditional) convergence and its move since the transition period …. Then it evidences a cross-province relation of convergence within China, stronger if this is conditional than absolute …
Persistent link: https://www.econbiz.de/10005016454
selection results identify a role for conditional convergence, physical and human capital formation, population growth, degree …
Persistent link: https://www.econbiz.de/10005047864
This article uses a model based on simultaneous equations to examine the relationship between foreign investment and economic growth in Chinese provinces from 1985 to 1995. Although the positive effect of such investment in promoting growth is highlighted by most empirical studies on China, the...
Persistent link: https://www.econbiz.de/10005055235
particular, physical capital investment, changes in the structure of employment, conditional convergence, and population growth …
Persistent link: https://www.econbiz.de/10005090644
The paper examines the contentious issue of the extent of surplus labour that remains in China.  China was an extreme example of a surplus labour economy, but the rapid economic growth during the period of economic reform requires a reassessment of whether the second stage of the Lewis model...
Persistent link: https://www.econbiz.de/10008465496
This paper assesses whether cities enhance technical efficiency of nearby rural counties, by allowing for heterogeneous urban effects both by regions and by city type. An empirical application is demonstrated using the Chinese county-level agricultural data from 2005 to 2009. Cities are found to...
Persistent link: https://www.econbiz.de/10008680862
Recent attempts to incorporate optimal fiscal policy into New Keynesian models subject to nominal inertia, have tended to assume that policy makers are benevolent and have access to a commitment technology.  A separate literature, on the New Political Economy, has focused on real economies...
Persistent link: https://www.econbiz.de/10008495880
The apparent success of independent central banks in conducting monetary policy has led many to argue that some form of policy delegation should also be applied to the macroeconomic aspects of fiscal policy.  A number of countries have recently established Fiscal Councils, although their role...
Persistent link: https://www.econbiz.de/10008852053