Showing 1 - 10 of 14
This paper examines the evidence for regional convergence or catch-up in levels and growth rates of per capita income …, Re-Weighted Least Squares, and Least Trimmed Squares - establish that unconditional convergence in growth rates does not … obtain, but that there is clear and robust evidence of conditional convergence. This suggests that important differences …
Persistent link: https://www.econbiz.de/10010605213
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
ƒÒ-convergence and to pinpoint influential factors for economic growth across counties and cities. …
Persistent link: https://www.econbiz.de/10005207088
selection results identify a role for conditional convergence, physical and human capital formation, population growth, degree …
Persistent link: https://www.econbiz.de/10005047864
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
This paper examines the long-run (steady-state) relationship between levels of educational human capital and levels of income for the 15 major states of India between 1965 and 1992. The relationship is estimated using the Pooled Mean Groups (PMG) technique; which produces common long-run...
Persistent link: https://www.econbiz.de/10010605295
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
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
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