Showing 1 - 10 of 39
We present a model for Financial fragility in which banks are risk-averse portfolio managers and there is uncertainty over risk management parameters. There is a danger of heightened risk aversion and projects in small economies are assumed to be riskier than those in large economies. In this...
Persistent link: https://www.econbiz.de/10010820278
We model the interaction between two economies where banks exhibit both adverse selection and moral hazard and bank regulators try to resolve these problems. We find that liberalising bank capital flows between economies reduces total welfare by reducing the average size and efficiency of the...
Persistent link: https://www.econbiz.de/10011146251
appropriate data set for China.  The tests favour the early theories.  Implications are drawn. …
Persistent link: https://www.econbiz.de/10011004132
China and the United States.  We construct a firm-level dataset by matching USPTO and SIPO patents to Chinese manufacturing … China are considerably younger, larger and substantially more export-oriented than firms patenting exclusively in China ….  Our study contributes to the debate on China's innovative prowess and its potential to transition from an imitator to an …
Persistent link: https://www.econbiz.de/10011004142
generate a poverty trap.  The setting is rural China, and the data are from a national household survey for 2002, designed with … research hypotheses in mind.  Enrolment is high in rural China by comparison with most poor rural societies, but the quality of …
Persistent link: https://www.econbiz.de/10011004217
there is strong son preference in rural China, we postulate two main hypotheses: income-based sex selection making it more …, this is the first study to test these hypotheses in rural China and more generally in developing countries. …
Persistent link: https://www.econbiz.de/10011004464
This paper provides micro-level evidence that drug advertising regulations and inspections in China are used by local … inherent in a partially reformed economy such as China. …
Persistent link: https://www.econbiz.de/10011004477
The paper examines the notion of a 'developmental state' and shows that China possesses the characteristics of a … developmental state.  It explains the political economy which generated such a state in China and in some other economies.  It … the question: can China's developmental state be sustained?  Conclusions are drawn for both China and other developing …
Persistent link: https://www.econbiz.de/10011004485
component.  We estimate that without International joint ventures China's growth would have been about one percentage point …
Persistent link: https://www.econbiz.de/10009650769
, China and South Africa, towards labour shortage and generally rising labour real incomes. In the acuteness of their rural …, and in the growth of their labour forces. Whereas China - a labour-surplus economy par excellence despite unemployment …
Persistent link: https://www.econbiz.de/10010604971