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model incorporating England's and China's distinct pre-modern risk-sharing institutions. The model predicts a transition in … England and not China even with equal levels of risk sharing. Under the clan-based Chinese institution, the relatively risk …
Persistent link: https://www.econbiz.de/10013127725
the country to target the world as its market. This research discusses the role of international trade in China's economic … growth. It starts with a review of conceptions as well as the evolution of China's international trade regime and the policy … that China has taken in favor of trade sectors. In addition, China's international trade performance is analyzed …
Persistent link: https://www.econbiz.de/10013138732
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
Using a national sample of Urban Household Surveys, we document several profound changes in China's wage structure … the major forces behind the evolving wage structure in China …
Persistent link: https://www.econbiz.de/10013107207
This paper analyzes child poverty in Bangladesh and China during periods of rapid economic growth in both countries. It … found to be more extensive in Bangladesh than in China, and is very much a problem for rural children in both countries. The …
Persistent link: https://www.econbiz.de/10013067479
China has achieved tremendous economic progress in the last three decades, but there is much work to be done to make … in striking the right balance in terms of speed and coordination of reforms. We argue that China's current stage of …
Persistent link: https://www.econbiz.de/10012778329
neither poor nor rich in the developed world, we estimate that China's global middle class grew rapidly after 2002, reaching …
Persistent link: https://www.econbiz.de/10012870136
Partner selection is a vital feature of human behavior with important consequences for individuals, families, and society. Hypergamy occurs when a husband's earning capacity systematically exceeds that of his wife. We provide a theoretical framework that rationalizes hypergamy even in the...
Persistent link: https://www.econbiz.de/10012870296
by the rise of populism and the China shock. We present a theoretical framework of risk and income effects of … state support across European regions and leverage the rapid integration of China into the world economy to show that higher …
Persistent link: https://www.econbiz.de/10013249126
China has achieved impressive growth over the last three decades. However, there has been debate over the sources of … quantifying their contributions to growth. In this paper, we develop a three-sector dynamic model to quantify the sources of China … continues to absorb more than half of all fixed investment. If capital had been allocated efficiently, China could have achieved …
Persistent link: https://www.econbiz.de/10013147553