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Whither China? Reform and Economic Integration among Chinese Regions

Fidrmuc, Jan; Fidrmuc, Jarko; Huang, Shuo - CESifo - 2013

This paper investigates the changing nature of economic integration in China. Specifically, we consider business-cycle synchronization (correlation of demand and supply shocks) among Chinese provinces during the period 1955-2007. We find that the symmetry of supply shocks has declined after the...

Persistent link: https://www.econbiz.de/10010643334

Economy Wide Impact of the Trade Integration between Japan and India: A Computable General Equilibrium Analysis

Bhattacharyay, Biswa Nath; Mukhopadhyay, Kakali - CESifo - 2013

Japan and India signed the much-awaited Comprehensive Economic Partnership Agreement (CEPA) on 16th February 2011. The CEPA will eliminate tariff on goods that account for 94% of their two way trade over ten years and will boost bilateral trade and investment. Indian exports which were subject...

Persistent link: https://www.econbiz.de/10010732348

Understanding the Latest Wave and Future Shape of Regional Trade and Cooperation Agreements in Asia

Bhattacharyay, Biswa N. - CESifo - 2006

Asia accounts for more than 30% of world GDP and contributes half of the global growth in recent years. Despite high … growth rates, Asia is still facing considerable socio-economic challenges. If Asia is to reemerge as a major power in the … region’s economies more integrated regionally and internationally. Following the recent global trend, Asia witnessed a wave …

Persistent link: https://www.econbiz.de/10005406449

Roles of Social Conformity in Deviance in Poverty: A Study on Working Poverty and Educational Investment in Bangladesh

Bhattacharyay, Biswa N.; Gangopadhyay, Partha; Rahman, … - CESifo - 2013

In recent decades the Indian subcontinent has displayed remarkable invariance in the incidence of working poverty despite strong economic performance. It is widely held that education can rescue households from various types of poverty traps created by information problems and incorrect...

Persistent link: https://www.econbiz.de/10010693470

Catastrophic Medical Expenditure Risk

Flores, Gabriela; O'Donnell, Owen - CESifo - 2013

Medical expenditure risk can pose a major threat to living standards. We derive decomposable measures of catastrophic medical expenditure risk from reference-dependent utility with loss aversion. We propose a quantile regression based method of estimating risk exposure from cross-section data...

Persistent link: https://www.econbiz.de/10010693478

Institutions and Economic Growth in Historical Perspective: Part 1

Ogilvie, Sheilagh; Carus, A. W. - CESifo - 2014

This is Part 1 of a two-part paper which surveys the historical evidence on the role of institutions in economic growth. The paper provides a critical scrutiny of a number of stylized facts widely accepted in the growth literature. It shows that private-order institutions have not historically...

Persistent link: https://www.econbiz.de/10010877698

Institutions and Economic Growth in Historical Perspective: Part 2

Ogilvie, Sheilagh; Carus, A. W. - CESifo - 2014

This is Part 2 of a two-part paper which surveys the historical evidence on the role of institutions in economic growth. The paper provides a critical scrutiny of a number of stylized facts widely accepted in the growth literature. It shows that private-order institutions have not historically...

Persistent link: https://www.econbiz.de/10010877727

Simply a Matter of Luck & Looks? Predicting Elections when Both the World Economy and the Psychology of Faces Count

Garretsen, Harry; Stoker, Janka I.; Alessie, Rob; … - CESifo - 2014

Economic research shows that candidates have a higher chance of getting (re-)elected when they have the luck that the world economy does well even though this is beyond their control and unrelated to their competence. Psychological research demonstrates that candidates increase their chances if...

Persistent link: https://www.econbiz.de/10010877923

Economic Growth and Judicial Independence, a Dozen Years On: Cross-Country Evidence Using an Updated Set of Indicators

Voigt, Stefan; Gutmann, Jerg; Feld, Lars P. - CESifo - 2014

Over 10 years ago, Feld and Voigt (2003) introduced the first indicator for objectively meas-uring the actual independence of the judiciary and demonstrated its utility in a large cross-section of countries. The indicator has been widely used, but also criticized. This paper pre-sents more...

Persistent link: https://www.econbiz.de/10010948870

Fiscal Federalism, Decentralization and Economic Growth: Survey and Meta-Analysis

Baskaran, Thushyanthan; Feld, Lars P.; Schnellenbach, Jan - CESifo - 2014

The theoretical literature on the economics of fiscal federalism has identified several potential effects of government decentralization on economic growth. Much of the traditional literature focuses on the efficiency aspects of a decentralized provision of public services. However,...

Persistent link: https://www.econbiz.de/10010948879

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