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While openness to trade is a well-recognized hallmark of many successful emerging market economies known as "growth miracles," another component of the growth model is a leapfrogging strategy - the use of policies to guide the industrial structural transformation ahead of a country's factor...
Persistent link: https://www.econbiz.de/10013069223
park site selection and document the willingness of China's provincial leaders to sacrifice economic development in order …
Persistent link: https://www.econbiz.de/10012922980
Communist Party (CCP), the governing political party of the People's Republic of China. Our empirical analysis ranges from the …
Persistent link: https://www.econbiz.de/10012980195
This paper studies the employment and productivity implications of new labor regulations in China. These new …
Persistent link: https://www.econbiz.de/10013108256
human capital to China's economic growth. The results indicate that human capital plays a much more important role in China … enrollment in China increased nearly fivefold between 1997 and 2007) while growth rates of GDP are little changed over the period … that there have been decreased in the efficiency of inputs usage in China or worsened misallocation of physical and human …
Persistent link: https://www.econbiz.de/10013135239
spectacular advances of the economies of China, India, and Southeast Asia. Section 1 reviews the debate over the sources of … the new recognition among Western economists that the sustained, very rapid growth in China and Southeast Asia was …
Persistent link: https://www.econbiz.de/10013117048
competitive devaluations. The sheer size of China, and its lower sterilization costs suggests that China may be the winner of a … and precautionary motives in the context of China may be challenged by a version of the quot;peso problem.quot; Hoarding …
Persistent link: https://www.econbiz.de/10012776454
. While the substantial presence of FIEs has contributed greatly to the recent export-led growth of China, an important …
Persistent link: https://www.econbiz.de/10012759861
China during the four decades between 2000 and 2040. The first concerns the source of the factors which make it likely that … China will continue to grow at a high rate for another generation. The paper argues that this growth will be the result of …
Persistent link: https://www.econbiz.de/10013148098
This paper estimates the marginal returns to college for individuals induced to enroll in college by different marginal policy changes. The recent instrumental variables literature seeks to estimate this parameter, but in general it does so only under strong assumptions that are tested and found...
Persistent link: https://www.econbiz.de/10013136890