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This paper estimates the effect of access to transportation networks on regional economic outcomes in China over a …
Persistent link: https://www.econbiz.de/10012460763
The basic neoclassical growth model accounts well for the postwar cyclical behavior of the U.S. economy prior to the 1990s, provided that variations in population growth, depreciation rates, total factor productivity, and taxes are incorporated. For the 1990s, the model predicts a depressed...
Persistent link: https://www.econbiz.de/10012465147
Published macroeconomic data traditionally exclude most intangible investment from measured GDP. This situation is beginning to change, but our estimates suggest that as much as $800 billion is still excluded from U.S. published data (as of 2003), and that this leads to the exclusion of more...
Persistent link: https://www.econbiz.de/10012466723
political rent seeking is substantial, firm value might rise as economy performance decays. China offers a suitable background …
Persistent link: https://www.econbiz.de/10012463999
The World Bank Economic Update provides an overview of recent economic and social developments and policies in China …. Economic activity in China remains resilient, with GDP growing by 6.9 percent in 2017 and 6.8 percent year on year (yoy) in the …
Persistent link: https://www.econbiz.de/10012645307
best, particularly in comparison with that of China. Comparing these countries and reviewing the literature, we conclude … gained from trade, and by some measures, more so than China. We sketch out a theory in which developing countries can grow … continuing reforms, Chinese growth is likely to slow down sharply, perhaps leaving China at a level less than Mexico's real GDP …
Persistent link: https://www.econbiz.de/10012462077
. While the substantial presence of FIEs has contributed greatly to the recent export-led growth of China, an important …
Persistent link: https://www.econbiz.de/10012465274
This report examines the role of infrastructure in explaining why the region lags so far behind the rest of the country. More importantly, it looks at how improved infrastructure may help the region catch up. Infrastructure is examined here through its impact on social as well as economic...
Persistent link: https://www.econbiz.de/10012644927
This paper examines the relationship between the structure of banking markets and economic growth using a new dataset on manufacturing industry-level growth rates and banking market concentration for U.S. states during 1899-1929--a period when the manufacturing sector was expanding rapidly and...
Persistent link: https://www.econbiz.de/10012462942
For the past generation scholars have emphasized that the Lower South was one of the most economically successful regions of British mainland North America, and perhaps the most successful. Planters, the primary economic actors, made extensive use of slave labor and created a successful...
Persistent link: https://www.econbiz.de/10012466624