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Local government debt and economic growth in China

Wu, Yanrui - Siirtymätalouksien tutkimuslaitos, Suomen Pankki - 2014

China’s local government debt (LGD) has recently become the focus of economic policy debates. However, information about LGD and its impact on economic growth in the Chinese economy is scarce. This paper attempts to present an empirical investigation of the impact of China’s LGD on economic...

Persistent link: https://www.econbiz.de/10011098218

Economic growth across space and time: subprovincial evidence from Mainland China

Curran, Declan; Funke, Michael; Wang, Jue - Siirtymätalouksien tutkimuslaitos, Suomen Pankki - 2007

ƒÒ-convergence and to pinpoint influential factors for economic growth across counties and cities. …

Persistent link: https://www.econbiz.de/10005207088

It’s the Debt-Growth Nexus Again – Evidence from a Long Panel of Regional-Government Liabilities

Mitze, Timo; Matz, Florian - Rheinisch-Westfälisches Institut für … - 2013

In this paper, we study the long- and short-run relationship between regional public debt and economic performance for a sample of German federal states over the period of four decades (1970-2010). By choosing a sample of regional entities with comparable institutional settings, we complement...

Persistent link: https://www.econbiz.de/10010633868

Why has China Grown So Fast? The Role of Physical and Human Capital Formation

Ding, Sai; Knight, John - Department of Economics, Oxford University - 2008

selection results identify a role for conditional convergence, physical and human capital formation, population growth, degree …

Persistent link: https://www.econbiz.de/10005047864

Price convergence and geographic dimension of market integration: Evidence from China

Ritola, Maria - Siirtymätalouksien tutkimuslaitos, Suomen Pankki - 2008

other studies on the same topic. The models tested are grounded in the law of one price. Price convergence is analysed with … univariate time series methods, where linear and non-linear cointegration models refer to convergence in the short run and in the …-linear trend variable in the model indicates whether there is movement towards integration in the long run. Convergence of prices …

Persistent link: https://www.econbiz.de/10005648612

The Spatial Dimension of Trade- and FDI-driven Productivity Growth in Chinese Provinces – A Global Cointegration Approach

Özyurt, Selin; Mitze, Timo - Rheinisch-Westfälisches Institut für … - 2012

Since the introduction of its “open door” policy in the late 1970s, China has been attracting a growing share of FDI inflows and its international trade integration has advanced considerably. In this study, we take a closer look at the regional growth impact of the Chinese...

Persistent link: https://www.econbiz.de/10010533909

Can the Augmented Solow Model Explain China's Economic Growth? A Cross-Country Panel Data Analysis

Knight, John; Ding, Sai - Department of Economics, Oxford University - 2008

particular, physical capital investment, changes in the structure of employment, conditional convergence, and population growth …

Persistent link: https://www.econbiz.de/10005090644

The Puzzle of Migrant Labour Shortage and Rural Labour Surplus in China

Knight, John; Quheng, Deng; Shi, Li - Department of Economics, Oxford University - 2010

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

What drives China’s outward FDI? A regional analysis

You, Kefei - Siirtymätalouksien tutkimuslaitos, Suomen Pankki - 2015

Our study examines home drivers of China’s regional outward FDI. We propose a theoretical framework that incorporates an extended Investment Development Path (IDP) theory, home locational constraints, policy incentives and geographic factors. Empirically, we employ the Bayesian Averaging...

Persistent link: https://www.econbiz.de/10011273262

Economic growth across Chinese provinces: in search of innovation-driven gains

Funke, Michael; Yu, Hao - Siirtymätalouksien tutkimuslaitos, Suomen Pankki - 2009

In this paper we analyse the impact of R&D on total factor productivity across Chinese provinces. We introduce innovations explicitly into a production function and evaluate their contribution to economic growth in 1993 - 2006. The empirical results highlight the importance and the interaction...

Persistent link: https://www.econbiz.de/10004969818