Showing 1 - 10 of 14
This study uses heterogeneous panel Granger causality tests to investigate the causal relationships between quality of governance and economic growth at the provincial level in China during the reform era. I find a significant and positive effect of economic growth on subsequent quality of...
Persistent link: https://www.econbiz.de/10013208723
We provide a theory of how growth, corruption, and a low-powered public-sector pay scale coexist in a stable equilibrium in the early stage of China's development. The regionally decentralized authoritarian regime of China features lower-level government officials competing for promotion to a...
Persistent link: https://www.econbiz.de/10012144213
This paper provides a survey of the economic literature relevant to social instability in China and moulds it into an argument. The objective is to offer a fresh view of economic policy and performance through the lens of the threat posed by social instability. This is a concept that economists...
Persistent link: https://www.econbiz.de/10010875325
Should China accelerate financial liberalization in order to avoid the middle-income trap? And, if the answer is yes, which specific reform steps should the government undertake? In this study we attempt to shed light on these questions by examining experiences of 80 countries during the period...
Persistent link: https://www.econbiz.de/10011118145
A behavioral political economy framework is built on the basis of prospect theory to explain the induced and imposed institutional changes during China's market reform, giving special attention to the integrated effects of economic and political institutions. According to prospect theory, how...
Persistent link: https://www.econbiz.de/10011065786
We propose a comprehensive analysis of a country's price and non-price competitiveness that accounts for changes in the value added content of trade by combining two datasets – highly disaggregated trade data from UN Comtrade with internationally integrated Supply and Use Tables from the WIOD...
Persistent link: https://www.econbiz.de/10013370110
Chinese cross-border outbound mergers and acquisitions (M&As) have been expanding rapidly since the mid-2000s with target firms in developed countries. The primary motives for such M&As are expansion into new markets and sourcing of knowledge and strategic assets. This study is the first attempt...
Persistent link: https://www.econbiz.de/10010931673
Several studies have highlighted that African manufacturing wages are higher than comparator countries at similar levels of development, which contributes to the continent's lower levels of manufacturing competitiveness. This paper derives unit labor costs - average wages relative to...
Persistent link: https://www.econbiz.de/10012388922
Despite the perceived importance of labor market opportunities in shaping married women's outside option, and their bargaining power within households as a result, this link has received very little empirical attention. Using longitudinal data on who makes the decision on a wide range of issues...
Persistent link: https://www.econbiz.de/10013208674
This paper focuses on comparisons of productivity, (unit) labor cost and industrylevel competitiveness for the manufacturing sector of China and India. We first provide a comparison between India and China using a broad international perspective. We find that China has increased its labor...
Persistent link: https://www.econbiz.de/10011807634