Showing 1 - 10 of 32
liberalization on growth, taking into account constraints imposed by the ‘Mundell’s trilemma’. The model, calibrated to data for …
Persistent link: https://www.econbiz.de/10011124478
Persistent link: https://www.econbiz.de/10005489863
We document the evolution of the income distribution in rural China, from 1987 through 1999, with an emphasis on … distribution (i.e., Lorenz curves). In addition, we decompose the sources of inequality, exploring the contributions of spatial … that the distribution of income improved by most measures during the early part of the period, as average incomes rose …
Persistent link: https://www.econbiz.de/10005652549
Market reforms are generally credited with the rapid growth enjoyed by China's rural sector. This growth has not been … inequality in the countryside. Of most interest, however, is the implication that simultaneous improvements in educational … attainment and off-farm market-development would allow more households to share in the rapid growth in rural China. …
Persistent link: https://www.econbiz.de/10005677709
The paper examines the relations between the architecture of an economy's financial system - its degree of market orientation - and economic performance in the real sector. We argue that the relative effectiveness of bank-based versus market-based financial systems depends on the strength of the...
Persistent link: https://www.econbiz.de/10005784672
Research in development economics reveals that the bulk of cross-country differences in economic growth is attributable … to differences in productivity. By some accounts, productivity contributes to more than 60 percent of countries’ growth … progress, rates of real cost reduction and rates of productivity growth. I find that the effect of financial development on …
Persistent link: https://www.econbiz.de/10005784702
This paper uses individual-level data to characterize economy-wide job creation and destruction during periods of massive structural adjustment. We contrast the gradualist Czech and the rapid Estonian approach to the destruction of the communist economy to provide evidence on selected...
Persistent link: https://www.econbiz.de/10005784752
robustly linked with economic growth, there is no support for either the bank-based or market-based view. …
Persistent link: https://www.econbiz.de/10005489929
Research in development economics reveals that the bulk of cross-country differences in economic growth is attributable … to differences in productivity. By some accounts, productivity contributes to more than 60 percent of countries’ growth … progress, rates of real cost reduction and rates of productivity growth. I find that the effect of financial development on …
Persistent link: https://www.econbiz.de/10005652518
important engine of growth in post-socialist economies. Here we use a rich regional data set to obtain a statistical … characterization of the relationship between entrepreneurial activity and economic growth within post-Soviet Russia. Russia is a useful … laboratory for evaluating links between entrepreneurial activity and growth because of the striking variation in initial …
Persistent link: https://www.econbiz.de/10005652569