Showing 1 - 10 of 494
given to the re-emergence of the Asian giants, the People's Republic of China (PRC) and India. Both countries have attained …
Persistent link: https://www.econbiz.de/10012995197
We use Bayesian Model Averaging (BMA) to evaluate the robustness of determinants of economic growth in a new dataset of 255 European regions in the 1995-2005 period. We use three different specifications based on (1) the cross-section of regions, (2) the cross-section of regions with country...
Persistent link: https://www.econbiz.de/10012765299
Cross-country regressions suggest that urbanization and FDI are important drivers of growth. However, it is not clear that primacy eventually hurts growth performance. Since it is tough to interpret cross-country growth regressions, we provide detailed evidence on the determinants of outward FDI...
Persistent link: https://www.econbiz.de/10012751105
While the direct impact of geographic endowments on prosperity is present in all countries, in former colonies, geography has also affected colonization policies and, therefore, institutional outcomes. Using non-colonized countries as a control group, I re-examine the theories put forward by La...
Persistent link: https://www.econbiz.de/10013315896
We investigate the relationship between unemployment and growth in China. We find considerable differences in the … China, furthermore, appears to be close to the level associated with optimal speed of transition …
Persistent link: https://www.econbiz.de/10013075132
(economic growth). Our findings for the Associations of Southeast Asian Nations (ASEAN), People Republic of China and India (ACI …
Persistent link: https://www.econbiz.de/10013021416
China's increased trade with and investment in Africa have boosted the continent's economic growth but have also … generated considerable controversy. In this paper we investigate China's outward direct investment ODI in Africa using macro and … micro data. The aggregate data on China's ODI in African countries reveal that China's share of the stock of foreign …
Persistent link: https://www.econbiz.de/10012987345
constitute long-term appreciation expectations on yuan and yen, which have made China and Japan vulnerable to U.S. interest rate … cuts and appreciation expectation shocks. For both China and Japan – at different points of time – self-fulfilling runs …, speculative bubbles and post-bubble secular stagnation. To prevent a similar scenario for China capital controls, a tighter …
Persistent link: https://www.econbiz.de/10012988972
than below one. We use time series data on labor's share in GDP to estimate a substitution elasticity for China, finding … role of factor substitution in future Chinese growth. We argue that high growth in China can be supported in such a …
Persistent link: https://www.econbiz.de/10013110413
We estimate the impact of local mining activity on the business constraints experienced by 22,150 firms across eight resource-rich countries. We find that with the presence of active mines, the business environment in the immediate vicinity (20 km) of a firm deteriorates but business constraints...
Persistent link: https://www.econbiz.de/10012977161