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Growth, Growth Accelerations and the Poor: Lessons from Indonesia
Bhattacharyya, Sambit; Resosudarmo, Budy P. - Department of Economics, Oxford University - 2013
We study the impact of growth and growth accelerations on poverty and inequality in Indonesia using a new panel dataset covering 26 provinces over the period 1977-2010.  This new dataset allows us to distinguish between mining and non-mining sectors of the economy.  We find that growth in...
Persistent link: https://www.econbiz.de/10011159044
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Monetary Models and Inflation Targeting in Emerging Market Economies
Fitzgerald, Edmund; Fitzgerald, Valpy - Department of Economics, Oxford University - 2004
This paper extends and modifies the Keynesian critique of inflation targeting with reference to stabilisation policy in emerging market economies. The IMF `basic monetary programming framework` for developing countries uses government borrowing and the exchange rate as policy instruments in...
Persistent link: https://www.econbiz.de/10005090648
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A Century of Economic Growth in Latin America
Astorga, Pablo - Department of Economics, Oxford University - 2009
This paper makes a contribution to the study of economic growth in developing countries by analysing the six largest Latin American Economies over 105 years within a two-equation framework. Confirming previous findings, physical and human capital prove to be key determinants of GDP per capita...
Persistent link: https://www.econbiz.de/10011277852
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Harnessing windfall revenues: Optimal policies for resource-rich developing economies
Ploeg, Rick Van der; Venables, Tony - Department of Economics, Oxford University - 2011
A windfall of natural resource revenue (or foreign aid) faces government with choices of how to manage public debt, investment, and the distribution of funds for consumption, particularly if the windfall is both anticipated and temporary.  Standard policy advice follows the permanent income...
Persistent link: https://www.econbiz.de/10008863958
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Openness and Human Capital as Sources of Productivity Growth: An Empirical Investigation
Teal, Francis; Söderbom, Måns - Department of Economics, Oxford University - 2003
Do openness to trade and higher levels of human capital promote faster productivity growth? That they do is a key implication of several versions of endogenous growth theory. To answer the question we use panel data on 93 countries spanning the 1970-2000 period. Controlling for fixed effects as...
Persistent link: https://www.econbiz.de/10011152494
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Trade and Human Capital as Determinants of Growth
Teal, Francis; Söderbom, Måns - Department of Economics, Oxford University - 2001
Do openness to trade and higher levels of human capital growth promote faster growth? To answer that question we use a panel of countries to investigate the role of human capital and two measures of openness in determining both the level of income and its growth rate. We argue that focusing on...
Persistent link: https://www.econbiz.de/10011152508
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Mean Reversion in Long-Horizon Real Exchange Rates: Evidence from Latin America
Astorga, Pablo - Department of Economics, Oxford University - 2010
This paper analyses stability in real multilateral exchange rates in six leading Latin-American economies during the XXth century using a new data set.  A univariate approach is complemented by an error-correction model including key fundamentals.  Unit-root testing shows a very slow process...
Persistent link: https://www.econbiz.de/10011004385
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Can the Augmented Solow Model Explain China's Economic Growth? A Cross-Country Panel Data Analysis
Knight, John; Ding, Sai - Department of Economics, Oxford University - 2008
China's economy grew at an average annual real growth rate of 9 percent over the last three decades.  Despite the vast … cross-country regressions include China and none of them particularly focuses on the explanation of China's remarkable … extent to which the growth difference between China and other countries can be explained by the augmented Solow model.  The …
Persistent link: https://www.econbiz.de/10005090644
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The Puzzle of Migrant Labour Shortage and Rural Labour Surplus in China
Knight, John; Quheng, Deng; Shi, Li - Department of Economics, Oxford University - 2010
The paper examines the contentious issue of the extent of surplus labour that remains in China.  China was an extreme …
Persistent link: https://www.econbiz.de/10008465496
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Gateway Cities and Urbanisation in Southeast Asia Before World War II
Huff, Gregg - Department of Economics, Oxford University - 2012
Between the 1870s and World War II, falls in world shipping costs and Western industrialisation gave rise to export-led Southeast Asian growth and specialization in a narrow range of primary commodity exports.  A linked development was the emergence of a few dominant Southeast Asian urban...
Persistent link: https://www.econbiz.de/10011004241