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We develop a new dynamic factor model that allows us to jointly characterize global macroeconomic and financial cycles and the spillovers between them. The model decomposes macroeconomic cycles into the part driven by global and country-specific macro factors and the part driven by spillovers...
Persistent link: https://www.econbiz.de/10012178610
This paper analyzes urban-rural disparities of China's child health and nutritional status using the China Health and … children in China as well as how such disparities have changed during the period 1989-2006. The results show that on average … also reduced during this period. -- child ; health and nutritional status ; urban-rural disparities ; China …
Persistent link: https://www.econbiz.de/10009537233
We study the dispersion in rates of provincial economic- and TFP growth in China. Our results show that regional growth … regional gaps in China as well as an efficient means to promote economic growth. …
Persistent link: https://www.econbiz.de/10003577801
We study the dispersion in rates of provincial economic- and TFP growth in China. Our results show that regional growth … regional gaps in China as well as an efficient means to promote economic growth. -- China ; TFP growth ; economic growth …
Persistent link: https://www.econbiz.de/10003735417
vividly illustrated. This paper investigates how changes in trade linkages between China, Latin America, and the rest of the … world shows that the long-term impact of a China GDP shock on the typical Latin American economy has increased by three … to Latin America and the rest of emerging Asia (excluding China and India) GDP has not undergone any significant change …
Persistent link: https://www.econbiz.de/10009311486
China) countries. The results reveal a strong impact of international variables on GDP growth. In contrast to the other … countries, China plays a crucial role in determining global trade and oil prices. Hence, the change in the Chinese growth …
Persistent link: https://www.econbiz.de/10011631497
Using data from five waves of the Vietnam Household Living Standard Survey, we find evidence of significant urban-rural expenditure inequality. Urban-rural inequality in Vietnam increased dramatically from 1993 to 1998, and peaked in 2002 before reducing slightly in 2004, and significantly in...
Persistent link: https://www.econbiz.de/10003975202
Using the location of baroque opera houses as a natural experiment, Falck et al. (2011) claim to document a positive causal effect of the supply of cultural goods on today's regional distribution of talents. This paper raises serious doubts on the validity of the identification strategy...
Persistent link: https://www.econbiz.de/10010393894
In this paper we study the effect of urban density on the exposure of city dwellers to air pollution using data from the United States urban system. Exploiting geological features to instrument for density, we find an economically and statistically significant pollution-density elasticity of...
Persistent link: https://www.econbiz.de/10012207510
This paper presents the quantile estimation of house price between two years, 2004 and 2007 (a boom house price period) in several Spanish cities. We decompose the change in house price distribution into portions: changes in the distributions of the explanatory variables and changes in...
Persistent link: https://www.econbiz.de/10009536426