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We study the dispersion in rates of provincial economic- and TFP growth in China. Our results show that regional growth … accelerated. We find that human capital positively affects output per worker and productivity growth. In particular, in terms of … regional gaps in China as well as an efficient means to promote economic growth …
Persistent link: https://www.econbiz.de/10013325091
productivity growth. However, while there is a vast empirical literature analyzing the impact of financial openness on output … growth, far less attention has been paid to its effects on productivity growth. This paper provides a comprehensive analysis … of the relationship between financial openness and total factor productivity (TFP) growth using an extensive dataset that …
Persistent link: https://www.econbiz.de/10013325040
China's rapid growth was fueled by substantial physical capital investments applied to a large stock of medium skilled … the past decade, China has made substantial investments in producing it. The egalitarian access to medium skilled …. China's growth will be fostered by expanding access to all levels of education, reducing impediments to labor mobility, and …
Persistent link: https://www.econbiz.de/10013106287
incomes from 1986 to 1999. Using a detailed household-level data set from rural China, we find robust evidence that initial …
Persistent link: https://www.econbiz.de/10013317407
emergence of China as an exporting powerhouse. While research in economics had long acknowledged that trade with lower … shows that growing import competition from China differentially reduced earnings and employment rates for workers in more … a large growth of net imports from China (such as the UK and the US), than in countries that maintained relatively …
Persistent link: https://www.econbiz.de/10014083996
productivity. Further, when our model is subjected to skill-upgrading and changes in employee bargaining power, it is capable of … employeesメ relative productivity, i.e., skill-biased technological change, are unlikely to have caused the increase in income …
Persistent link: https://www.econbiz.de/10013147124
From a theoretical perspective the link between the speed and scope of rapid labor reallocation and productivity growth … or income inequality is ambiguous. Do reallocations with more flows tend to produce higher productivity growth? Does such … and used these inputs to estimate the short-run and long-run relationship between labor market flows, labor productivity …
Persistent link: https://www.econbiz.de/10012982122
This study is a review of the recent trends in development economics research. The focus is on the development in the recent decades as a result of increased globalization of knowledge, technologies and economies. In particular I look at the development in a number area where similar trends are...
Persistent link: https://www.econbiz.de/10012773083
In this paper an ex-post measurable definition of globalization has been used, namely increasing trade openness and FDI. A general result is that the optimistic Heckscher-Ohlin/Stolper-Samuelson predictions do not apply, that is neither employment creation nor the decrease in within-country...
Persistent link: https://www.econbiz.de/10013318038
evidence on the link of productivity and both exports and foreign direct investment (fdi) in services firms from a highly … taking differences along the conditional productivity distribution and firms with extreme values, or outliers, into account …) indicate that the productivity pecking order found in numerous studies using data for firms from manufacturing industries …
Persistent link: https://www.econbiz.de/10013119546