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While output declined in virtually all transition economies in the initial years, the speed and extent of the recovery that followed has varied widely across these countries. The contrast between the more and less successful transitions, the latter largely in the former Soviet Union, raises many...
Persistent link: https://www.econbiz.de/10014156715
. This evidence suggests that intangible capital formation may play an important role in China's reform-driven transformation … no general assessment of its role in China's rapid economic growth. This paper seeks to fill this gap by estimating how … China's recent growth is then assessed using a growth accounting framework, and the results compared to similar findings for …
Persistent link: https://www.econbiz.de/10013065397
Despite a vast accumulation of private capital, China is not embracing capitalism. Deceptively familiar capitalist … introduces the chapters comprising the NBER volume Capitalizing China (Fan and Morck, eds. 2012), which examine China's high … consider policy alternatives the CCP might consider if its goal is China's elevation into the ranks of high income countries …
Persistent link: https://www.econbiz.de/10013117212
We document a statistical association between the severity of the persecution and mass murder of Jews (the Holocaust) by the Nazis during World War II and long-run economic and political outcomes within Russia. Cities that experienced the Holocaust most intensely have grown less, and cities as...
Persistent link: https://www.econbiz.de/10013142282
below emerging countries such as Brazil, China and India. In contrast, the central European transition countries such as …
Persistent link: https://www.econbiz.de/10013067648
This paper develops a general equilibrium two country, two commodity dynamic simulation model of international trade in commodities and financial claims. The model generalizes the Heckscher-Ohlin static theory of trade by incorporating costs of quickly adjusting levels of capital stocks in...
Persistent link: https://www.econbiz.de/10013247438
This paper examines alternative hypotheses concerning the determinants of success in the transition from Communism to the market. In particular, we look at whether speed of privatization, legal institutions or initial conditions are more important in explaining the growth of the transition...
Persistent link: https://www.econbiz.de/10013234403
This paper examines the impact of a property rights reform in rural China that allowed farmers to lease out their land …
Persistent link: https://www.econbiz.de/10012941473
accounted for roughly half of the increase in sex ratios in rural China from 1978-86, or about 1 million missing girls …
Persistent link: https://www.econbiz.de/10013080201
This paper studies the urban land market in China in 2003--2007. In China, all urban land is owned by the state …
Persistent link: https://www.econbiz.de/10013152507