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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
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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
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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
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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
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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
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The emergence and spatial distribution of Chinese seaport cities
Funke, Michael; Yu, Hao - Siirtymätalouksien tutkimuslaitos, Suomen Pankki - 2010
Seaports have historically played a key role in facilitating trade and growth. This paper is the first attempt in the literature to analyse the formation of Chinese seaport cities and the dynamics that drives it. First, we aim to identify theoretically the emergence of urbanized seaports with...
Persistent link: https://www.econbiz.de/10008466295