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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 … sustainability of high Chinese growth. -- China ; growth ; sustainability ; substitution elasticity …
Persistent link: https://www.econbiz.de/10009490607
(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/10010531112
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/10011444894
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/10011485198
growth and changes in global income inequality and poverty. The authors find that rapid growth in China (despite a downward … of income however, the equalizing effect of China s rapid growth, despite the contradictory impact of increasing domestic …
Persistent link: https://www.econbiz.de/10011514125
Eric Jones has found that excessive taxes were detrimental for pre-modern China's economic growth whereas moderate …. China's contiguous geography allows bureaucrats to establish an autocratic tax system whereas Europe's split geography …
Persistent link: https://www.econbiz.de/10010391803
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/10011475972
service networks will grow and contribute to the rapid growth in China, India, and Southeast Asian countries, especially from …
Persistent link: https://www.econbiz.de/10011387468
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/10010189833
For a long time, China’s impressive growth performance has been driven by investment and high productivity gains. Based … on the recent discussion on possible overcapacities and overinvestment in China, the paper investigates the … sustainability of China’s investment- and export-driven growth model. It is shown that since the turn of the millennium buoyant …
Persistent link: https://www.econbiz.de/10012016064