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Productivity Effects of TVE Privatization : The Case Study of Garment and Metal Casting Enterprises in the Greater Yangtze River Region
Sonobe, Tetsushi - 2003
While it is by now well known that the privatization of township- and village-run enterprises (TVREs) has been rapidly … and widely taking place in China, it is much less known whether and to what extent privatization has improved resource … allocation and productivity. As a first step toward the fuller understanding of the effect of privatization, this study …
Persistent link: https://www.econbiz.de/10012469077
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Work and Consumption in an Era of Unbalanced Technological Advance
Friedman, Benjamin M. - 2015
Keynes's "Grandchildren" essay famously predicted both a rapid increase in productivity and a sharp shrinkage of the workweek - to fifteen hours - over the century from 1930. Keynes was right (so far) about output per capita, but wrong about the workweek. The key reason is that he failed to...
Persistent link: https://www.econbiz.de/10012456957
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Inequality and Growth : What Can the Data Say?
Banerjee, Abhijit V. - 2000
This paper describes the correlations between inequality and the growth rates in cross-country data. Using non-parametric methods, we show that the growth rate is an inverted U-shaped function of net changes in inequality: Changes in inequality (in any direction) are associated with reduced...
Persistent link: https://www.econbiz.de/10012470957
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Mismatch and Assimilation
Wang, Ping - 2018
Income disparity across countries has been large and widening over time. We develop a tractable model where factor requirements in production technology do not necessarily match a country's factor input profile. Appropriate assimilation of frontier technologies balances such multi-dimensional...
Persistent link: https://www.econbiz.de/10012480613
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Post-1500 Population Flows and the Long Run Determinants of Economic Growth and Inequality
Putterman, Louis - 2008
We construct a matrix showing the share of the year 2000 population in every country that is descended from people in different source countries in the year 1500. Using this matrix, we analyze how post-1500 migration has influenced the level of GDP per capita and within-country income inequality...
Persistent link: https://www.econbiz.de/10012464199
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Economic growth : Fiftieth Anniversary Colloquium 5. (National Bureau of Economic Research, New York, Fiftieth Anniversary Colloquium 5)
Gordon, R. Aaron (contributor) - 1972
Persistent link: https://www.econbiz.de/10000616914
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The Transition Economies After Ten Years
Fischer, Stanley - 2000
policies and structural reforms, particularly privatization, contributed to the growth recovery. We also conclude that the …
Persistent link: https://www.econbiz.de/10012471103
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Economic Recovery from the Argentine Great Depression : Institutions, Expectations, and the Change of Macroeconomic Regime
Paolera, Gerardo della - 2000
This work explores how Argentina overcame the Great Depression and asks whether active macroeconomic interventions made any contribution to the recovery. In particular, we study Argentine macroeconomic policy as it deviated from gold-standard orthodoxy after the final suspension of...
Persistent link: https://www.econbiz.de/10012471138
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The Role of Bank Restructuring in Recovering from Crises : Mexico 1995-98
Krueger, Anne - 1999
In this paper we analyze the evolution of the Mexican economy between 1995 and 1998. The remarkable quick recovery seen in aggregate activity has not been uniform across the economy. The tradable sector has grown strongly, while the non-tradable sector has recuperated only sluggishly. This...
Persistent link: https://www.econbiz.de/10012471758