Showing 1 - 10 of 21
reforms and growth in a developing country. Convergence occurs until the developing country reaches a bottleneck, then … convergence stops unless the institution is improved. After the reform, convergence resumes until a new bottleneck is encountered … over time; there are finite reforms and convergence is unceasing until the last constraint binds, so a permanent GDP gap …
Persistent link: https://www.econbiz.de/10011191186
This paper estimates the impact of inter-sectoral linkages on productivity at the sectoral level. An exhaustive Chinese panel data set for capital, infrastructure and a sectoral agglomeration index is linked with an economic distance matrix derived from inter-sectoral transactions. The latter...
Persistent link: https://www.econbiz.de/10011065755
This study employs spatial panel techniques to examine determinants of regional allocation of infrastructure investment made by the central government. Using a sample of 31 Chinese provinces over the 2001–2008 period, we derived four major empirical findings. First, there exist substantial...
Persistent link: https://www.econbiz.de/10010719844
“equilibrium” efficiency and a robust convergence in China's agricultural efficiency; the latter has also been enhanced by China …
Persistent link: https://www.econbiz.de/10011065785
This paper decomposes the growth of China's export into three parts: growth in extensive margin, increased quantity and increased prices; we perform a series of empirical analyses using China's export data at the HS-6 digit level to analyze the characteristics of China's export growth. China's...
Persistent link: https://www.econbiz.de/10010875314
This paper employs a structural time series model designed with three components of stochastic seasonality, trigonometric expression of cyclicality and local linear trend to investigate the evolutionary process of China's GDP. In particular, the model is able to detect the stop–go feature of...
Persistent link: https://www.econbiz.de/10010875353
The paper examines the contentious issue of the extent of surplus labour that remains in China. China was an extreme example of a surplus labour economy, but the rapid economic growth during the period of economic reform requires a reassessment of whether the second stage of the Lewis model has...
Persistent link: https://www.econbiz.de/10010578006
While finance has been shown to influence the distribution of income, little research has been devoted to the potential impact of financial policy on income inequality. This study analyzes the relationship between repressive financial policies and inequality across countries. We show that...
Persistent link: https://www.econbiz.de/10011118131
More and more literature on economic growth and development has increasingly focused on long-run effects of geographic, historical, and cultural factors on productivity and income per capita. This paper investigates the effect of religious beliefs on economic growth using provincial panel data...
Persistent link: https://www.econbiz.de/10011118132
This study uses panel data on the Bohai Rim Region of China to test for spatial autocorrelation, and measures economic spatial spillover effects with the space Durbin econometric model. We discuss whether the economic development of coastal counties benefits the whole area. To do this, we focus...
Persistent link: https://www.econbiz.de/10011264678