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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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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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Technology Adoption and Growth
Parente, Stephen L. - 1991
Technology change is modeled as the result of decisions of individuals and groups of individuals to adopt more advanced technologies. The structure is calibrated to the U.S. and postwar Japan growth experiences. Using this calibrated structure we explore how large the disparity in the effective...
Persistent link: https://www.econbiz.de/10012475272
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Financial Development, Growth, and the Distribution of Income
Greenwood, Jeremy - 1989
A paradigm is presented where both the extent of financial intermediation and the rate of economic growth are endogenously determined. Financial intermediation promotes growth because it allows a higher rate of return to be earned on capital, and growth in turn provides the means to implement...
Persistent link: https://www.econbiz.de/10012475848
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Policy Distortions and Aggregate Productivity with Heterogeneous Plants
Restuccia, Diego - 2007
We formulate a version of the growth model in which production is carried out by heterogeneous plants and calibrate it to US data. In the context of this model we argue that differences in the allocation of resources across heterogeneous plants may be an important factor in accounting for...
Persistent link: https://www.econbiz.de/10012465637
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Forms of Democracy, Policy and Economic Development
Persson, Torsten - 2005
The paper combines insights from the recent research programs on constitutions and economic policy, and on history, institutions and growth. Drawing on cross-sectional as well as panel data, it presents new empirical results showing that the form of democracy (rather than democracy vs....
Persistent link: https://www.econbiz.de/10012467514
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Policy Distortions and Aggregate Productivity with Endogenous Establishment-Level Productivity
Da-Rocha, José-María - 2017
What accounts for differences in output per capita and total factor productivity (TFP) across countries? Empirical evidence points to resource misallocation across heterogeneous production units as an important factor. We study resource misallocation in a model where establishment-level...
Persistent link: https://www.econbiz.de/10012455342
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Growth theories in light of the East Asian experience
Itō, Takatoshi (ed.); Krueger, Anne O. (contributor) - 1995
Persistent link: https://www.econbiz.de/10013420700