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advanced economies. We examine the extent of this convergence in the Czech Republic and Russia, economies that represent … privatization, competition and foreign investment. We also test hypotheses positing that only firms near the efficiency frontier … find that privatization to domestic owners did not markedly improve the efficiency of firms; domestic firms are not …
Persistent link: https://www.econbiz.de/10013318782
transition economies to estimate the impacts of privatization on employment and wages. The results in all four countries … consistently reject job losses and they never imply large wage cuts from privatization to either foreign or domestic owners. The … domestic privatization estimates are close to zero for employment, while for wages they are negative but small in magnitude …
Persistent link: https://www.econbiz.de/10013324983
Russia in comparative light as well as the factors associated with differences in educational outcomes in Russia. Despite the … looking at within-country variation in Russia. We find – both in the cross-country estimates as also those using just Russia …
Persistent link: https://www.econbiz.de/10013037551
(SOEs) on employment growth, using firm level data for China and a combination of propensity score matching and difference …
Persistent link: https://www.econbiz.de/10013317362
Earnings inequality and earnings determination in urban China 2002 and Russia 2003 are compared using samples covering … and is found to be similar across countries. As at the end of the 1980s, the gender wage gap is larger in Russia where … earnings reach a maximum at a lower age than in China. The association between education and income in China has increased to …
Persistent link: https://www.econbiz.de/10013033388
-equalising income source in China than in Russia. While Russian public transfers reduce income inequality, Chinese public transfers … residents in China and in urban Russia to be very similar …Harmonised microdata show a Gini coefficient for per capita total income of 45.3 percent in China 2002 and 33.6 percent …
Persistent link: https://www.econbiz.de/10013134822
This paper presents a new data set collected on representative samples across 6 countries: China, South Korea, Japan …
Persistent link: https://www.econbiz.de/10012834526
Defining the 'global middle class' as being neither poor nor rich in the developed world, we estimate the size of the … global middle class in China and 33 other countries and analyze China's expanding middle class in international perspective …. China's global middle class has grown rapidly and has been catching up with that in developed countries. By 2018 China …
Persistent link: https://www.econbiz.de/10014087986
world shows that the long-term impact of a China GDP shock on the typical Latin American economy has increased by three … associated with a deceleration in China's economic growth in the future for both Latin America and the rest of the world economy …. The evidence reported also suggests that the emergence of China as an important source of world growth might be the driver …
Persistent link: https://www.econbiz.de/10013121741
changes for the balance and sustainability of China's own economic development as well as the associated implications for the … global monetary system. While China is actively promoting the internationalization of its currency, it is a long way from … attaining full convertibility or meeting other prerequisites for achieving reserve currency status. Ultimately, China will …
Persistent link: https://www.econbiz.de/10013110844