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The ‘Double Trap’ in China – Multiple Equilibria in Institutions and Income and Their Causal Relationship
Glawe, Linda; Wagner, Helmut - 2020
paper aims to add further arguments to this discussion by focusing on the concept of club convergence. In particular, we …
Persistent link: https://www.econbiz.de/10014091300
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A stylized model of China’s growth since 1978
Glawe, Linda; Wagner, Helmut - 2017
This paper develops a stylized multi-sector growth model of China's economy. We choose a neoclassical modeling approach and focus on the reform process under Deng Xiaoping as China's main growth driver since 1978. Following the literature, we distinguish between three major reform periods,...
Persistent link: https://www.econbiz.de/10012196394
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A Stylized Model of China's Growth Since 1978
Glawe, Linda - 2017
This paper develops a stylized multi-sector growth model of China's economy. We choose a neoclassical modeling approach and focus on the reform process under Deng Xiaoping as China's main growth driver since 1978. Following the literature, we distinguish between three major reform periods,...
Persistent link: https://www.econbiz.de/10012962973
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The Middle-Income Trap 2.0 : The Increasing Role of Human Capital in the Age of Automation and Implications for Developing Asia
Glawe, Linda - 2018
In our paper, we modify the concept of the middle-income trap (MIT) against the background of the Fourth Industrial Revolution and the (future) challenges of automation (creating the concept of the “MIT 2.0”). In particular, we analyze the impacts of automation, artificial intelligence, and...
Persistent link: https://www.econbiz.de/10012909722
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The Deep Determinants at More Subtle Stages of Development – The Example of the Middle-Income Trap Phenomenon
Glawe, Linda - 2017
The so-called ‘deep determinants' of economic growth and development (namely, geography, institutions, and integration) have been found to be decisive for the break out of stagnation and for explaining cross-country income differences by many empirical studies. However, so far, very little has...
Persistent link: https://www.econbiz.de/10012941641
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The Deep Determinants of the Middle-Income Trap
Glawe, Linda - 2017
The fundamental, underlying factors of development are often neglected when analyzing the question why countries experience a growth slowdown at the middle-income range. Although these so-called ‘deep determinants' such as geography and institutions have been found to be decisive for the break...
Persistent link: https://www.econbiz.de/10012941654
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The Role of Institutional Quality for Economic Growth in Europe
Glawe, Linda - 2019
There is an ongoing debate within the economic growth and development literature whether institutions or human capital are more decisive for explaining differences in economic performance across countries. Our study adds further arguments to this discussion by focusing on 35 European countries....
Persistent link: https://www.econbiz.de/10012872014
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The Deep Determinants of Economic Development in China – A Provincial Perspective
Glawe, Linda - 2018
There is a significant body of literature arguing that institutional quality is the key for long run economic growth and development. While the majority of these studies are based on cross-country growth regression, in our paper, we focus on the institution-economic growth nexus within a...
Persistent link: https://www.econbiz.de/10012922275
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New Evidence on the Human Capital Dynamics Within China - Is There a Human Capital Trap?
Glawe, Linda; Wagner, Helmut - 2021
convergence, research on the dynamics of the underlying factors of economic development is still in its infancy. Our paper … contributes to this literature by investigating the formation of human capital convergence clusters within China over the period … analyze the convergence dynamics of human capital within China. Our results indicate the existence of multiple human capital …
Persistent link: https://www.econbiz.de/10013250638
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Divergence tendencies in the European integration process : a danger for the sustainability of the E(M)U?
Glawe, Linda; Wagner, Helmut - In: Journal of risk and financial management : JRFM 14 (2021) 3/104, pp. 1-22
a necessary precondition. While the goal of this income and institutional convergence was successfully achieved over a … long period of time, this convergence development has weakened or even turned into divergence in the last one to two … decades. This paper provides an overview of the empirical evidence for these convergence and divergence developments and …
Persistent link: https://www.econbiz.de/10012485017