Showing 1 - 10 of 253
world shows that the long-term impact of a China GDP shock on the typical Latin American economy has increased by three … associated with a deceleration in China’s economic growth in the future for both Latin America and the rest of the world economy …. The evidence reported also suggests that the emergence of China as an important source of world growth might be the driver …
Persistent link: https://www.econbiz.de/10009225765
paper offers a solution to this disagreement, suggesting that volatility carries a positive direct effect, but also a … volatility is then ambiguous. The paper reveals the underlying endogeneity of government size in a balanced panel of 95 countries … increase of volatility lowers growth by up to 0.57 percentage points in a democracy, but raises growth by 1.74 percentage …
Persistent link: https://www.econbiz.de/10010959641
.g., cabinet changes) has an indirect (through volatility) impact on growth; (iii) the effect of financial development is positive … and, surprisingly, not via volatility; (iv) the informal instability effects are much larger in the short- than in the …
Persistent link: https://www.econbiz.de/10005703824
Argentina is the only country in the world that was "developed" in 1900 and "developing" in 2000. The various competing … individual effects on economic growth and volatility using the power-ARCH framework with annual data since the 1890s. The results …
Persistent link: https://www.econbiz.de/10011095511
What is the relationship between economic growth and its volatility? Does political instability affect growth directly … or indirectly, through volatility? This paper tries to answer such questions using a power-ARCH framework with annual … legislative changes) has an indirect (through volatility) negative impact. We also find preliminary support for the idea that …
Persistent link: https://www.econbiz.de/10005761766
This paper introduces a novel approach for dealing with the ‘curse of dimensionality’ in the case of large linear dynamic systems. Restrictions on the coefficients of an unrestricted VAR are proposed that are binding only in a limit as the number of endogenous variables tends to infinity. It...
Persistent link: https://www.econbiz.de/10005763451
to the relative marginal productivity levels of workers. This paper investigates the role of globalization on the … structure and evolution of gender differentials in China by simultaneously estimating demand-side wage and productivity outcomes … labor demand. The results suggest that more exposure to globalization through increased exports is associated with lower …
Persistent link: https://www.econbiz.de/10011265652
This paper analyzes child poverty in Bangladesh and China during periods of rapid economic growth in both countries. It … found to be more extensive in Bangladesh than in China, and is very much a problem for rural children in both countries. The …
Persistent link: https://www.econbiz.de/10009283589
Despite its unprecedented growth in output per capita in the last two decades, China has essentially followed the life … fourfold improvement in the level of per capita consumption that has occurred. As in the European countries, in China the trend … in China has fallen chiefly on the lowest socioeconomic groups. An initially highly egalitarian distribution of life …
Persistent link: https://www.econbiz.de/10010814474
income trap" as China exhausts the benefits of international technology transfer. IKC is productivity-enhancing among Chinese … China's IKC generates patents in China, but fewer than in major industrialized economies. Among domestically owned …
Persistent link: https://www.econbiz.de/10010721628