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China's Great Boom as a Historical Process
Brandt, Loren; Rawski, Thomas G. - 2020
Beginning in the late 1970s, China's economy delivered the largest growth spurt in recorded history. Striking … "China miracle" that requires neither economic nor historical analysis. This overlooks deep institutional constraints arising … decentralized innovation. Historic legacies that shape political structures and individual behavior will continue to influence China …
Persistent link: https://www.econbiz.de/10012497841
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Happiness and economic growth: does the cross section predict time trends? ; evidence from developing countries
Easterlin, Richard A.; Sawangfa, Onnicha - 2009
Based on point-of-time comparisons of happiness in richer and poorer countries, it is commonly asserted that economic growth will have a significant positive impact on happiness in poorer countries, if not richer. The time trends of subjective well-being (SWB) in 13 developing countries,...
Persistent link: https://www.econbiz.de/10010271238
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The impact of armed conflict on economic performance: Evidence from Rwanda
Serneels, Pieter; Verpoorten, Marijke - 2012
Important gaps remain in the understanding of the economic consequences of civil war. Focusing on the conflict in Rwanda in the early 90s, and using micro data to carry out econometric analysis, this paper finds that households and localities that experienced more intense conflict are lagging...
Persistent link: https://www.econbiz.de/10010287624
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Rising wages: Has China lost its global labor advantage?
Yang, Dennis Tao; Chen, Vivian; Monarch, Ryan - 2010
We document dramatic rising wages in China for the period 1978-2007 based on multiple sources of aggregate statistics …-intensive and labor-intensive industries have widened. Comparisons of international data show that China's manufacturing wage has … already converged to that of Asian emerging markets, but China still enjoys enormous labor cost advantages over its …
Persistent link: https://www.econbiz.de/10010269786
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China in Light of the Performance of Central and East European Economies
Svejnar, Jan - Institute for the Study of Labor (IZA) - 2007
While China shared many systemic, initial conditions with the transition economies of Central-East Europe (CEE) and the … CEE and CIS countries. Unlike most of the CEE and CIS economies, China adopted a strategy of gradual economic … transformation that maintained the existing system and created new economic activities on top of it. This enabled China to avoid the …
Persistent link: https://www.econbiz.de/10005703201
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Paradox Lost?
Easterlin, Richard A. - 2016
Or Paradox Regained? The answer is Paradox Regained. New data confirm that for countries worldwide long-term trends in happiness and real GDP per capita are not significantly positively related. The principal reason that Paradox critics reach a different conclusion, aside from problems of data...
Persistent link: https://www.econbiz.de/10011451233
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The Easterlin Paradox
Easterlin, Richard A.; O'Connor, Kelsey J. - 2020
The Easterlin Paradox states that at a point in time happiness varies directly with income, both among and within nations, but over time the long-term growth rates of happiness and income are not significantly related. The principal reason for the contradiction is social comparison. At a point...
Persistent link: https://www.econbiz.de/10012497824
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Happiness and Economic Growth: Does the Cross Section Predict Time Trends? Evidence from Developing Countries
Easterlin, Richard A.; Sawangfa, Onnicha - Institute for the Study of Labor (IZA) - 2009
Based on point-of-time comparisons of happiness in richer and poorer countries, it is commonly asserted that economic growth will have a significant positive impact on happiness in poorer countries, if not richer. The time trends of subjective well-being (SWB) in 13 developing countries,...
Persistent link: https://www.econbiz.de/10005822865
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The Impact of Armed Conflict on Economic Performance: Evidence from Rwanda
Serneels, Pieter; Verpoorten, Marijke - Institute for the Study of Labor (IZA) - 2012
Important gaps remain in the understanding of the economic consequences of civil war. Focusing on the conflict in Rwanda in the early 90s, and using micro data to carry out econometric analysis, this paper finds that households and localities that experienced more intense conflict are lagging...
Persistent link: https://www.econbiz.de/10011207668
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Culture, institutions and the wealth of nations
Gorodnichenko, Yuriy; Roland, Gerard - 2010
We construct an endogenous growth model that includes a cultural variable along the dimension of individualism-collectivism. The model predicts that more individualism leads to more innovation because of the social rewards associated with innovation in an individualist culture. This cultural...
Persistent link: https://www.econbiz.de/10010274699