Showing 1 - 10 of 25
economies. However, there has been a lack of empirical study of this kind on China and other developing countries. This paper … attempts to fill this gap by answering how and to what extent oil-price shocks impact China’s economy, emphasizing on the price … differentiated price control policies for materials and intermediates on the one hand and final products on the other hand in China …
Persistent link: https://www.econbiz.de/10005835871
By using a growth accounting framework for the period 1980-2000, this paper estimates Hong Kong’s total factor productivity and unit labor cost of twenty industries classified into three economic sectors of tradable goods, tradable services and non-tradable services. The results show that Hong...
Persistent link: https://www.econbiz.de/10009647432
Given that China is already the world’s largest carbon emitter and its emissions continue to rise rapidly in line with … its industrialization and urbanization, there is no disagreement that China eventually needs to take on binding greenhouse … gas emissions caps. However, the key challenges are when that would occur and what credible interim targets China would …
Persistent link: https://www.econbiz.de/10005025683
This paper identifies the ex ante factors of currency speculation based on the experience of Hong Kong’s three episodes in 1988, 1998 and 2007. The dynamic conditional correlation models are used to study the inter-temporal interactions among the Hang Seng Index, Hang Seng Index futures and...
Persistent link: https://www.econbiz.de/10009370834
Evidences from nonparametric and semiparametric unbalanced panel data models with fixed effects show that Kuznet’s inverted-U relationship is confirmed when economic development reaches a threshold. The model tests justify semiparametric specification. The integrated net contribution of...
Persistent link: https://www.econbiz.de/10009647318
The paper studies the causality relationship between economic openness and indigenous factors. The construction of the Openness Index and the Indigenous Index provides a measure on the extent of openness and indigenous development among world economies. The two indices are used to study their...
Persistent link: https://www.econbiz.de/10009647352
This paper studies the income inequality and economic development relationship by using unbalanced panel data of OECD and non-OECD countries for the period 1962 - 2003. The nonparametric estimation results show that income inequality in OECD countries are almost on the backside of the inverted-U...
Persistent link: https://www.econbiz.de/10009647376
This paper empirically uses data from the world economy to show that performance of domestic factors are equally important to external factors when comes to growth. Various external and domestic factors are used to construct two separate indices and the principal component method is applied in...
Persistent link: https://www.econbiz.de/10009647402
Although economic opportunity is considered as a latent variable, it can serve as another factor in promoting growth and development. Through the construction of an economic opportunity index, this paper identifies the extensity and intensity channels through which economic opportunity are...
Persistent link: https://www.econbiz.de/10011109537
The paper studies the commutative and causality relationship between economic openness and indigenous factors. The construction of the Openness Index and the Indigenous Index provides a measure on the extent of openness and indigenous development among world economies. The two indices are used...
Persistent link: https://www.econbiz.de/10009370849