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Openness and urbanization: The case of the People's Republic of China

Lo, Chu-Ping - 2016

Urbanization usually occurs with structural transformation driven by a "push" from agricultural productivity growth and a "pull" from industrial productivity growth, and usually the former exceeds the latter. This paper presents a simple model to illustrate how the open policy in the People's...

Persistent link: https://www.econbiz.de/10011688620

The middle-income transition around the globe: Characteristics of graduation and slowdown

Vandenberg, Paul; Poot, Lilibeth; Miyamoto, Jeffrey - 2015

weak in the following areas: governance, infrastructure, savings and investment, inequality, and quality - but not quantity …

Persistent link: https://www.econbiz.de/10011311014

Financial health and firm productivity: Firm-level evidence from Viet Nam

Thangavelu, Shandre M.; Chongvilaivan, Aekapol - 2013

Does financial health shore up firm productivity? This paper empirically investigates this question and presents productivity as another driving factor in translating financial development into real economic progress. Our empirical framework employs Levinsohn and Petrin's (2003) semi-parametric...

Persistent link: https://www.econbiz.de/10010397331

Escaping the middle-income trap: Innovate or perish

Paus, Eva A. - 2017

This paper analyzes the reasons for the middle income trap in Latin America, where countries have been at the middle income level for decades, and draws out lessons for Asia. The middle income trap captures a situation where a middle income country can no longer compete internationally in...

Persistent link: https://www.econbiz.de/10011688709

The middle-income trap and the manufacturing transformation of the People's Republic of China (PRC): Asian experience and the PRC's industrial policy orientation

Huang, Qunhui; Liu, Gang; He, Jun; Jiang, Feitao; … - 2017

The People's Republic of China (PRC) has been undergoing marvelous industrialization and manufacturing development in the past decades, which has promoted its fast economic growth and has reached a level of middle-income in recent years. It is widely accepted that the PRC's status as the...

Persistent link: https://www.econbiz.de/10011852982

Green services and emergence and recovery from the global economic slowdown in developing Asian economies

Stoughton, Mark; Venkatachalam, Anbumozhi - 2010

The global economic slowdown has again highlighted the vulnerability of export-led development models and economies to downturns in export markets. Economic deepening or rebalancing with an emphasis on service-sector development should be - and is becoming - one long-term response to the crisis...

Persistent link: https://www.econbiz.de/10010279782

Small and medium enterprises in Japan: Surviving the long-term recession

Uchikawa, Shuji - 2009

The relationship between large enterprises (LEs) and small and medium enterprises (SMEs) in Japan has undergone major changes during the long-term recession since 1991. While SMEs still play the important role of supplying parts and components to LEs through subcontracting, many LEs have started...

Persistent link: https://www.econbiz.de/10010279813

Green Services and Emergence and Recovery from the Global Economic Slowdown in Developing Asian Economies

Stoughton, Mark - 2014

The global economic slowdown has again highlighted the vulnerability of export-led development models and economies to downturns in export markets. Economic deepening or “rebalancing” with an emphasis on service-sector development should be - and is becoming - one long-term response to the...

Persistent link: https://www.econbiz.de/10013070042

Structural change and income distribution: Accounting for regional inequality in the People's Republic of China and its changes during 1952-2012

Wan, Guanghua; Wang, Chen; Zhang, Xun - 2016

This study explores the relationship between inequality and structural transformation by constructing a theoretical … demonstrates that inequality exhibits an inverted U shape as structural change proceeds from onset to completion. Our analytical … frameworks enable decomposition of total inequality into sector contributions and a change in total inequality into a component …

Persistent link: https://www.econbiz.de/10011688631

Globalization, structural transformation, and the labor income share

Suzuki, Ken; Oishi, Yoko; Paul, Saumik - 2018

This paper provides novel empirical evidence on the role of trade and structural transformation as potential drivers of the labor income share. Using cross-country data, both at the national and sectoral level, we find that trade openness is negatively correlated with the labor income share. The...

Persistent link: https://www.econbiz.de/10011944277

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