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expenditures. This paper documents the role of investment in driving economic growth in China, questions how much longer China can … same time, the relative size of foreign investment in China has become negligible and the China growth story thus has …For the past nearly forty years, China has experienced average annual real GDP growth of close to ten percent, much of …
Persistent link: https://www.econbiz.de/10012953882
Lifelong learning is often promoted in ageing societies, but little is known about its returns or governments’ ability to advance it. This paper evaluates the effects of a large-scale randomized field experiment issuing vouchers for adult education in Switzerland. We find no significant...
Persistent link: https://www.econbiz.de/10013316101
Many countries support business start-ups to spur economic growth and reduce unemployment with different programmes …
Persistent link: https://www.econbiz.de/10012997304
This paper investigates the impact of fiscal policy on profits using panel data for 19 high-income OECD countries during the period 1975-1999. We estimate a profit equation in which profits depend on a set of fiscal variables. Our empirical method is based on a consistent treatment of the...
Persistent link: https://www.econbiz.de/10013154254
may not receive EU funds because their NUTS2 mother region does not qualify. We find positive growth effects of Objective …
Persistent link: https://www.econbiz.de/10012765692
Using a natural experiment from Germany, we show that temporary place-based subsidies generate persistent effects on economic density. We identify employment and capital formation as main channels for higher income per square kilometer. As the spatial regression discontinuity design allows us to...
Persistent link: https://www.econbiz.de/10013021421
We investigate the empirical determinants of China's outward direct investment (ODI). It is found that China … developed and developing countries, there is evidence that a) both market seeking and resources seeking motives drive China …'s ODI, b) the Chinese exports to developing countries induce China's ODI, c) China's international reserves promote its ODI …
Persistent link: https://www.econbiz.de/10013095995
The rapid growth of ASEAN economies, the People's Republic of China and India (called ACI henceforth) — major drivers … decades, these economies are expected to witness high growth, lack of adequate traditional energy sources, high dependence on …
Persistent link: https://www.econbiz.de/10013018208
by destroying his or her own endowment. We focus on how stake size (endowment) and emotions influence responses in China …
Persistent link: https://www.econbiz.de/10012992607
(2012) find a positive effect of the reform on lone mothers’ labour supply and a small reduction in poverty. Is the best … result that policy makers could obtain in terms of poverty reduction? In this paper, I estimate a discrete choice model of … have minimized poverty among lone mothers …
Persistent link: https://www.econbiz.de/10013315723