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Telecommunications Infrastructure And Economic Development: A Simultaneous Approach
Röller, Lars-Hendrik; Waverman, Leonard - C.E.P.R. Discussion Papers - 2000
This paper investigates how telecommunications infrastructure affects economic growth. This issue is important and has received considerable attention in the popular press concerning the creation of the 'information superhighway' and its potential impacts on the economy. We use evidence from 21...
Persistent link: https://www.econbiz.de/10005123589
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The Agricultural Origins of Time Preference
Galor, Oded; Özak, Ömer - C.E.P.R. Discussion Papers - 2014
This research explores the origins of the distribution of time preference across regions. It advances the hypothesis, and establishes empirically, that geographical variations in natural land productivity and their impact on the return to agricultural investment have had a persistent effect on...
Persistent link: https://www.econbiz.de/10011083828
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The Institutional Foundations of China’s Reforms and Development
Xu, Cheng-Gang - C.E.P.R. Discussion Papers - 2010
China’s economic reforms have resulted in spectacular growth and poverty reduction. However, China’s institutions look … ill-suited to achieve such a result, and they indeed suffer from serious shortcomings. To solve "China puzzle" this paper … analyses China’s institution - a regionally decentralized authoritarian system. The central government has control over …
Persistent link: https://www.econbiz.de/10008468688
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Rebalancing Growth in China: A Three-Handed Approach
Blanchard, Olivier J; Giavazzi, Francesco - C.E.P.R. Discussion Papers - 2006
Our paper is an attempt to define the contours of the right macroeconomic strategy for China. In a nutshell, we believe …
Persistent link: https://www.econbiz.de/10005114183
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Growing like China
Song, Zheng Michael; Storesletten, Kjetil; Zilibotti, … - C.E.P.R. Discussion Papers - 2009
This paper constructs a growth model that is consistent with salient features of the Chinese growth experience since 1992: high output growth, sustained returns on capital investments, extensive reallocation within the manufacturing sector, falling labor share and accumulation of a large foreign...
Persistent link: https://www.econbiz.de/10005123794
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Sharing High Growth Across Generations: Pensions and Demographic Transition in China
Song, Zheng Michael; Storesletten, Kjetil; Wang, Yikai; … - C.E.P.R. Discussion Papers - 2012
Intergenerational inequality and old-age poverty are salient issues in contemporary China. China's aging population …
Persistent link: https://www.econbiz.de/10011083803
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Economic Reforms and Industrial Policy in a Panel of Chinese Cities
Alder, Simon; Shao, Lin; Zilibotti, Fabrizio - C.E.P.R. Discussion Papers - 2013
We estimate the effect on economic development of China's industrial policy, in particular, the establishment of …
Persistent link: https://www.econbiz.de/10011084232
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Live aid revisited: long-term impacts of the 1984 Ethiopian famine on children
Dercon, Stefan; Porter, Catherine - C.E.P.R. Discussion Papers - 2012
In 1984, the world was shocked at the scale of a famine in Ethiopia that caused over half a million deaths, making it …
Persistent link: https://www.econbiz.de/10011084497
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The `Big Bang' Versus `Slow but Steady': A Comparison of the Hungarian and the Polish Transformations
Abel, István; Bonin, John - C.E.P.R. Discussion Papers - 1992
This paper discusses three aspects of stabilization and international integration: the real wage; inflation; and the real effective exchange rate. Using empirical evidence on inflation and the real effective exchange rate, we evaluate the gradualist option represented by the Hungarian reforms....
Persistent link: https://www.econbiz.de/10005123546
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Options for the Payments and Exchange Rate System in Eastern Europe
Bofinger, Peter - C.E.P.R. Discussion Papers - 1991
The paper analyses the role of currency convertibility in the process of economic transition in Eastern Europe and discusses alternative institutional options for achieving this difficult task. It shows that an early transition to convertibility is an indispensable requirement for the success of...
Persistent link: https://www.econbiz.de/10005281277