Showing 1 - 10 of 200
The Great Leap Forward (GLF) disaster, characterized by a collapse of grain output, and the associated famine in China … industrialization. Consequently, it diverted massive amounts of agricultural resources to industry and imposed excessive grain …
Persistent link: https://www.econbiz.de/10005789139
The majority of enterprises in China are controlled by local governments at the provincial, city, county, township and … fiscal competition under (foreign) capital mobility may be effective in hardening enterprises' budget constraints … lower-level governments of townships and villages in China. …
Persistent link: https://www.econbiz.de/10005124311
We investigate whether inward FDI, either at the firm or industry level, has any impact on product innovation by Chinese State owned enterprises (SOEs). We use a comprehensive firm level panel data set of Chinese SOEs covering the period 1999 to 2003. Our results show that foreign capital...
Persistent link: https://www.econbiz.de/10005123532
Swedish census data and tax records reveal an astonishing wage compression; the Swedish skill premium fell by more than 30 percent between 1970 and 1990 while the U.S. skill premium, after an initial decline in the 1970s, rose by 8-10 percent. Since then both skill premia have increased by...
Persistent link: https://www.econbiz.de/10005661889
to account for in existing models of industrialization. By construction, closed-economy models that stress the role of …
Persistent link: https://www.econbiz.de/10009207519
show that elites are unlikely to block development when there is a high degree of political competition, or when they are … highly entrenched. It is only when political competition is limited and also their power is threatened that elites will block …
Persistent link: https://www.econbiz.de/10005124137
We exploit regional variation in suitability for cultivating potatoes, together with time variation arising from their introduction to the Old World from the Americas, to estimate the impact of potatoes on Old World population and urbanization. Our results show that the introduction of the...
Persistent link: https://www.econbiz.de/10005039579
phase, aristocratic political systems prevail, while democracies tend to emerge with industrialization. At the same time the …
Persistent link: https://www.econbiz.de/10005498052
This paper builds a model of growth through industrialization, as machines replace workers in a growing number of tasks … unboundedly. The mechanism that drives growth is the feedback between industrialization and wages. High wages are incentives to … use machines and industrialize, while industrialization raises wages. The model shows that industrialization and growth …
Persistent link: https://www.econbiz.de/10005656232
-industrial economies. The hump-shaped relationship between industrialization (measured by employment or output shares) and incomes has … shifted downwards and moved closer to the origin. This means countries are running out of industrialization opportunities …
Persistent link: https://www.econbiz.de/10011165656