Showing 1 - 10 of 124
private sector in urban China. We show that a reform that untied access to housing in urban areas from working for the state …
Persistent link: https://www.econbiz.de/10011084427
curve for China and show that the output gap, the exchange rate, and inflation expectations play important roles in … relevant to policies regarding possible exchange rate liberalization in China. …
Persistent link: https://www.econbiz.de/10005656372
The majority of enterprises in China are controlled by local governments at the provincial, city, county, township and … lower-level governments of townships and villages in China. …
Persistent link: https://www.econbiz.de/10005124311
China is different from both other low-wage and OECD countries. Industry-level import competition and firm-level outsourcing … to China reduce firm employment growth and induce skill upgrading. In contrast, industry-level imports have no effect on … Belgian firm survival, while firm-level outsourcing of finished goods to China even increased firm's probability of survival …
Persistent link: https://www.econbiz.de/10008854491
We conduct a detailed simulation study of the forecasting performance of diffusion index-based methods in short samples with structural change. We consider several data generation processes, to mimic different types of structural change, and compare the relative forecasting performance of factor...
Persistent link: https://www.econbiz.de/10005666861
This paper analyses the remarkable growth experience of Indonesia since 1966. Over a thirty-year period, GDP per capita rose more than fourfold, despite unfavourable initial conditions, some weak institutions, and flawed microeconomic policies. The paper attributes this strong performance to a...
Persistent link: https://www.econbiz.de/10005791453
The transition to market-based economic systems in the countries of Central and Eastern Europe and the former Soviet Union involve fundamental shifts in the allocation of resources, and deep changes in the structure of production and employment. This Paper uses a simple model of economic...
Persistent link: https://www.econbiz.de/10005792040
Lack of access to finance is often cited as a key reason for why poor people remain poor. This Paper uses data on the Indian rural branch expansion programme to provide empirical evidence on this issue. Between 1977 and 1990, the Indian central bank mandated that a commercial bank could open a...
Persistent link: https://www.econbiz.de/10005792249
We present a model in which two of the most important features of the long-run growth process are reconciled: the massive changes in the structure of production and employment; and the Kaldor facts of economic growth. We assume that households expand their consumption along a hierarchy of needs...
Persistent link: https://www.econbiz.de/10005792315
This paper provides a unified growth theory, i.e. a model that explains the very long-run economic and demographic development path of industrialized economies, stretching from the pre-industrial era to present-day and beyond. Making strict use of Malthus’ (1798) so-called preventive check...
Persistent link: https://www.econbiz.de/10005123712