Showing 1 - 10 of 18,434
This paper discusses growth differentials of Chinese provinces geared to agricultural activities and those focusing on … industrial production over three decades of economic reform. Following trade theory and endogenous growth theory, we suggest that … (the agricultural club) show no evidence of convergence and appear to have been left behind in terms of economic …
Persistent link: https://www.econbiz.de/10012148590
This paper discusses growth differentials of Chinese provinces geared to agricultural activities and those focusing on … industrial production over three decades of economic reform. Following trade theory and endogenous growth theory, we suggest that … (the agricultural club) show no evidence of convergence and appear to have been left behind in terms of economic …
Persistent link: https://www.econbiz.de/10008477163
-2007. Despite convergence is usually found to occur conditionally to economy-wide factors, this study reveals a clear process of … unconditional convergence for nancial and business-related market services. Indeed this sector is more likely to be characterised by … run distribution dynamics are characterized by bimodality. The decomposition of the growth rate of aggregate labour …
Persistent link: https://www.econbiz.de/10010940434
The paper aims to test the existence of different regimes in the growth process. We propose a simple nonlinear growth … model which features different relationships between growth rate and income level. We iden tify its testable implications in … terms of state space dynamics. By estimating Markov transition matrices we show that growth is indeed a nonlinear process …
Persistent link: https://www.econbiz.de/10005604251
One of the most important drawbacks of the existing literature on convergence is that it largely ignores the effect of … care. Failing to do so might in fact lead to an overestimation of the tendency towards either convergence or divergence … introduced when the period of analysis contains incomplete business cycles could be quite sizeable and then analyze convergence …
Persistent link: https://www.econbiz.de/10009144144
understanding of the convergence experience of Turkey. We explore some aspects of the convergence process of Turkey and provide some … last two-three decades of the 20th century. After the lost decades, Turkey had high growth rates during 2002-2007. We … perform a growth accounting exercise and discuss the importance of productivity growth in Turkey’s long-run growth. Lastly, we …
Persistent link: https://www.econbiz.de/10010941536
growth through capital accumulation. This paper contributes to this literature. As opposed to the previous studies, which …
Persistent link: https://www.econbiz.de/10010321740
paper focuses on economic growth and investigates empirically the influence of age variables on growth. Unlike other recent …. Estimations of a typical growth specification, augmented with age variables and other, more volatile, economic variables, are … carried out, and results from these regressions seem to indicate that economic growth is indeed affected by the age …
Persistent link: https://www.econbiz.de/10010321758
in the inequality and growth literature. These include growth, openness, wages, and liberalisation. We review the … existing cross-country empirical evidence on the effects of inequality on growth and the extent to which the poorest in society … benefit from economic growth. The linkage between growth, redistribution and poverty is also analysed. In the review of …
Persistent link: https://www.econbiz.de/10010262079
Does a country?s level of unemployment have an impact on the long-run growth rate? Incorporating unemployment into a … generalised augmented Solow-type growth model, yields some answers to this question. In particular, we show that the impact of … unemployment on productivity growth heavily depends on the influence of human capital in the production function. In the …
Persistent link: https://www.econbiz.de/10010262354