Showing 1 - 10 of 312
This paper analyzes the effects of the reforms initiated in India following the balance of payments (BOP) crisis of … changes in performance since the reforms, which started in China in 1979 and in India in 1991. Such a comparison shows more … progress towards the Millennium Development Goals (MDGs) and India lags behind other South Asian countries. The responsiveness …
Persistent link: https://www.econbiz.de/10013082166
The relative performance of China and India is compared using two different methods and they provide a very different … goods and services and of gross fixed capital formation. Using a two tailed- test we find that China does better than India … higher share of XGS, GFCF etc in GDP than does India. We also find that China usually has a lower CV, namely a more stable …
Persistent link: https://www.econbiz.de/10013082432
Employing a technological solution to monitor the attendance of public-sector health care workers in India resulted in …
Persistent link: https://www.econbiz.de/10013047401
The concept of Economic Reform is described as a planned shift from one, Pareto inefficient, but quasi-stable, equilibrium (or 'trap') to a new Pareto superior equilibrium which is, or is designed to become, stable too. The concept is applied to recent 'shock' stabilization programs, with...
Persistent link: https://www.econbiz.de/10013135342
Following its opening to trade and foreign investment in the mid-1980s, Mexico's economic growth has been modest at best, particularly in comparison with that of China. Comparing these countries and reviewing the literature, we conclude that the relation between openness and growth is not a...
Persistent link: https://www.econbiz.de/10013135399
Over the last three decades, Mexico has aggressively reformed its economy, opening to foreign trade and investment, achieving fiscal discipline, and privatizing state owned enterprises. Despite these efforts, the country's economic growth has been lackluster, trailing that of many other...
Persistent link: https://www.econbiz.de/10013137012
In this paper, we use a linked employer-employee database from Brazil to evaluate the wage effects of trade reform. With an aggregate (firm-level) analysis of this question, we find that a decline in trade protection is associated with an increase in average wages in exporting firms relative to...
Persistent link: https://www.econbiz.de/10013122021
We quantify the role of financial frictions and the initial misallocation of resources in explaining development dynamics. Following a reform that triggers efficient reallocation of resources, our model economy with financial frictions converges slowly to the new steady state--it takes twice as...
Persistent link: https://www.econbiz.de/10013069222
In what order should a developing country adopt policy reforms? Do some policies complement each other? Do others substitute for each other? To address these questions, we develop a two-country dynamic general equilibrium model with entry and exit of firms that are monopolistic competitors. The...
Persistent link: https://www.econbiz.de/10013001790
This paper applies a logistic smooth transition regression approach to the estimation of a homogenous aggregate value added production function of the State Owned (SOE) and Foreign-Funded Enterprises (FFE) in China, 1980s-2007. The transition associated with the economic reforms in China is...
Persistent link: https://www.econbiz.de/10013151136