Showing 1 - 9 of 9
have increased the rate of convergence in per capita incomes across China's provinces. However, the pattern of FDI, which …
Persistent link: https://www.econbiz.de/10013317895
This paper documents the steady increase in intraregional trade in sub-Saharan Africa since 1980, links this rise to important growth spillovers in the region, and identifies the main source countries and those most vulnerable to the economic conditions of others. Estimates show that in the...
Persistent link: https://www.econbiz.de/10012864108
China's rapid overall growth since 1978 masks significant differences in relative economic performance across its provinces. This paper finds that, while per capita income of poor provinces are catching up with those in the rich, the relative income distribution appears to be stratifying into a...
Persistent link: https://www.econbiz.de/10013317983
Which structural reforms affect the speed the regional convergence within a country? We found that domestic financial … regional convergence. However, these reforms have mixed effects on the growth of regions closer to the country's development … speeding up regional convergence increases national income. We also present a theoretical model to discuss these results …
Persistent link: https://www.econbiz.de/10013101519
stalled convergence increases. On the other hand, with reforms to accelerate TFP growth and shift the economy away from its … continued reliance on capital accumulation, China can grow at a healthy pace and maintain its convergence toward the level of … such a convergence toward the level of more prosperous economies …
Persistent link: https://www.econbiz.de/10013073779
Korea's rapid growth has slowed in recent years, suggesting lower potential growth. This paper uses an array of techniques, including statistical filters, a multivariate model and the production function, to estimate Korea's potential growth. The main finding is that trend growth has fallen from...
Persistent link: https://www.econbiz.de/10013054690
The paper extends the work of Deaton (2021) by exploring the period of post-crisis recovery in 2021-2024. The paper documents per-capita income divergence during the period of post-shock recovery, with countries at the bottom of the income distribution falling significantly behind. Findings...
Persistent link: https://www.econbiz.de/10014081239
This paper studies the evolution of worldwide military spending during 1970-2018. It finds thatmilitary spending in relation to GDP is converging, but into three separate groups of countries. Inthe largest group, responsible for 90 percent of worldwide spending, outlays have remainedstubbornly...
Persistent link: https://www.econbiz.de/10012859871
In the last few decades there has been little convergence of income levels in Latin America with those in the United … States, in sharp contrast with both emerging Asia and emerging Europe. This paper argues that lack of convergence was not the …, there is strong conditional cross-country convergence. Poor countries with high levels of human capital, governance or …
Persistent link: https://www.econbiz.de/10012828058