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Human capital, economic growth, and inequality in China
Heckman, James J.; Yi, Junjian - 2012
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/10010282331
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Distribution of natural resources, entrepreneurship and economic development: growth dynamics with two elites
Falkinger, Josef; Grossmann, Volker - 2005
This paper develops a model in which the interaction of entrepreneurial investments and power of the owners of land or other natural resources determines structural change and economic development. A more equal distribution of natural resources promotes structural change and growth through two...
Persistent link: https://www.econbiz.de/10010267484
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Schooling, cognitive skills, and the Latin American growth puzzle
Hanushek, Eric Alan; Woessmann, Ludger - 2009
Economic development in Latin America has trailed most other world regions over the past four decades despite its relatively high initial development and school attainment levels. This puzzle can be resolved by considering the actual learning as expressed in tests of cognitive skills, on which...
Persistent link: https://www.econbiz.de/10010274178
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The great happiness moderation
Clark, Andrew E.; Flèche, Sarah; Senik, Claudia - 2012
This paper shows that within-country happiness inequality has fallen in the majority of countries that have experienced positive income growth over the last forty years, in particular in developed countries. This new stylized fact comes as an addition to the Easterlin paradox, which states that...
Persistent link: https://www.econbiz.de/10010287588
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Are we there yet? Time for checks and balances on new institutionalism
Iyigun, Murat - 2012
New institutionalism has had considerable success during the last decade in shepherding the debate on sustained economic development. If the sociopolitical, legal and economic transformations in the Anglo-Saxon world in the last three decades prove anything, however, it is that the late Mancur...
Persistent link: https://www.econbiz.de/10010290007
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Is the Chinese growth miracle built to last?
Prasad, Eswar S. - 2007
, especially those related to having an open capital account, do not loom large in the case of China. In the process of securing …
Persistent link: https://www.econbiz.de/10010268159
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Institutions and Development : The Interaction between Trade Regime and Political System
Falkinger, Josef; Grossmann, Volker - 2004
This paper argues that openness to goods trade in combination with an unequal distribution of political power has been a major determinant of the comparatively slow development of resource- or land-abundant regions like South America and the Caribbean in the nineteenth century. We develop a...
Persistent link: https://www.econbiz.de/10010273741
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Life satisfaction in urban China: components and determinants
Song, Lina; Appleton, Simon - 2008
Survey data from urban China in 2002 show levels of life satisfaction to be low, but not exceptionally so, by … international comparison. Many of the determinants of life satisfaction in urban China appear comparable to those for people in …
Persistent link: https://www.econbiz.de/10010268643
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Human capital, economic growth, and regional inequality in China
Fleisher, Belton M.; Li, Haizheng; Zhao, Min Qiang - 2008
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/10010268707
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Growing out of poverty: trends and patterns of urban poverty in China 1988 - 2002
Appleton, Simon; Song, Lina; Xia, Qingjie - 2008
This paper estimates trends in absolute poverty in urban China from 1988 to 2002 using the Chinese Household Income …
Persistent link: https://www.econbiz.de/10010268820