Narrow search
Showing 1 - 10 of 966
Cover Image
Tertiarization Like China
Chen, Xilu; Pei, Guangyu; Song, Zheng Michael; … - National Bureau of Economic Research - 2022
We document a process of rapid tertiarization of the Chinese economy since 2005. The employment and value-added shares of the service sector have increased significantly. Moreover, total factor productivity growth has increased faster in the service sector than in the manufacturing sector....
Persistent link: https://www.econbiz.de/10013334489
Cover Image
Measuring Economic Growth with a Fully Identified Three-Signal Model
Civelli, Andrea; Gaduh, Arya; Yousuf, Ahmed Sadek - National Bureau of Economic Research - 2023
We augment Henderson, Storeygard, and Weil (2012)'s two-signal model of true income growth with a third signal to overcome its underidentification problem. The additional moment conditions from the third signal help fully identify all model parameters without ad-hoc calibrations of the GDP's...
Persistent link: https://www.econbiz.de/10014322903
Cover Image
Human Capital by Gender : a G20 and Selected Geographies Perspective
Fraumeni, Barbara M.; Liu, Gang; Managi, Shunsuke - National Bureau of Economic Research - 2024
Institute of Kyushu University) report. It focuses on five important aggregates by gender: Asia, Africa, Latin America, G20, and …
Persistent link: https://www.econbiz.de/10014468276
Cover Image
Sectoral Development Multipliers
Buera, Francisco; Trachter, Nicholas - National Bureau of Economic Research - 2024
How should industrial policies be directed to reduce distortions and foster economic development? We study this question in a multi-sector model with technology adoption, where the production of goods and modern technologies features rich network structures. We provide simple formulas for the...
Persistent link: https://www.econbiz.de/10014512084
Cover Image
The Missing Middle Managers : Labor Costs, Firm Structure, and Development
Hjort, Jonas; Malmberg, Hannes; Schoellman, Todd - National Bureau of Economic Research - 2022
This paper shows that large, multi-establishment business enterprises face a high cost of middle management in poor countries and that this cost inhibits the growth of the modern sector. We provide new empirical evidence using a database covering compensation for 300,000 middle managers working...
Persistent link: https://www.econbiz.de/10013435154
Cover Image
Appropriate Entrepreneurship? The Rise of China and the Developing World
Lerner, Joshua; Liu, Junxi; Moscona, Jacob; Yang, David Y. - National Bureau of Economic Research - 2024
the dramatic growth of high-potential entrepreneurship and venture capital in China. First, using comprehensive data on …-level economic indicators, we find that this effect was driven by country-sector pairs most similar to their counterparts in China …" businesses and technology pioneered by China, and that a system where only rich countries lead in innovation could limit …
Persistent link: https://www.econbiz.de/10014512047
Cover Image
Entrepreneurship in China's Structural Transitions : Network Expansion and Overhang
Dai, Ruochen; Mookherjee, Dilip; Munshi, Kaivan; Zhang, … - National Bureau of Economic Research - 2023
production and the subsequent transition to higher value exporting in China. Using data covering the universe of registered firms …
Persistent link: https://www.econbiz.de/10014322864
Cover Image
Financial Frictions and the Persistence of History : A Quantitative Exploration
Buera, Francisco J. - 2010
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/10012462256
Cover Image
The Impact of the Asian Miracle on the Theory of Economic Growth
Fogel, Robert W. - 2009
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/10012463682
Cover Image
Exporting and Firm Performance : Chinese Exporters and the Asian Financial Crisis
Park, Albert - 2009
We ask how export demand shocks associated with the Asian financial crisis affected Chinese exporters. We construct firm-specific exchange rate shocks based on the pre-crisis destinations of firms' exports. Because the shocks were unanticipated and large, they are a plausible instrument for...
Persistent link: https://www.econbiz.de/10012464017