Showing 1 - 10 of 134
This paper studies the convergence, and the role of internal real exchange rate on economic growth in the Chinese provincial level. Using informal growth equation à la Barro [1991] and dynamic panel data estimation, we find conditional convergence among the coastal provinces and among inland...
Persistent link: https://www.econbiz.de/10010738816
country (China) over the period 1997-2009. We confirm Hausmann, Hwang and Rodrik (2007)'s prediction that regions that … contributors to the global upgrading of China's exports. This finding suggests that the contribution of assembly trade and foreign …
Persistent link: https://www.econbiz.de/10010775815
The emergence of a knowledge capitalism is often considered as an alternative to a financial capitalism. Our goal is to … explain why the financial capitalism hypothesis is not relevant to characterize and to show that the hypothesis of a knowledge … capitalism can provide an explanation of the growth and the importance of finance. Three topics are considered:(1) the new forms …
Persistent link: https://www.econbiz.de/10009418569
The present paper examines the meaning and usefulness of the concept of a New Economy. This construct, which first began to appear in the media in the mid-1990s, is utilised today with a variety of definitions and intentions. Having identified three possible denotations or orientations relating...
Persistent link: https://www.econbiz.de/10008793473
What are the implications of Piketty's Capital for sociology and political science? Capital's argument focuses on the evolution of the r/g ratio (capital returns over growth rate) and outlines two modes of economic inequalities. One is characteristic of affluent (g r) societies and the other is...
Persistent link: https://www.econbiz.de/10010899458
fundamental law of capitalism originated by Thomas Piketty illustrate capital inequality undervalued than labor inequality. In …
Persistent link: https://www.econbiz.de/10011025683
fundamental law of capitalism originated by Thomas Piketty illustrate capital inequality undervalued than labor inequality. In …
Persistent link: https://www.econbiz.de/10011026118
We propose a multisector endogenous growth model incorporating social capital. Social capital only serves as input in the production of human capital and it involves a cost in terms of the final good. We show that in contrast to existing alternative specifications, this setting assures that...
Persistent link: https://www.econbiz.de/10010933921
The objective of this paper is to investigate the impacts of urbanization on human capital andeconomic growth in Africa. It seeks to contribute to the urbanization-growth debate byinvestigating how urbanization is linked to human capital accumulation and economic growth.More precisely, compared...
Persistent link: https://www.econbiz.de/10010930231
This papers provides an empirical analysis of the role of financial development and financial integration in the growth dynamics of transition countries. We focus on the role of financial integration in determining the impact of financial development on growth, distinguishing "normal times" from...
Persistent link: https://www.econbiz.de/10010549087