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The Transition Economies After Ten Years

Fischer, Stanley - 2000

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/10012471103

China's Macroeconomic Development : The Role of Gradualist Reforms

Chen, Kaiji; Zha, Tao - National Bureau of Economic Research - 2023

This paper reviews recent literature on China's macroeconomic development, emphasizing the critical role of the gradualist approach over the past four decades. Beyond China's structural transformation, we explore various aspects such as high saving rates, the housing boom, an expanding current...

Persistent link: https://www.econbiz.de/10014322782

Australian Growth : A California Perspective

McLean, Ian W. - 2001

Examination of special cases assists understanding of the mechanics of long-run economic growth more generally. Australia and California are two economies having the rare distinction of achieving 150 years of sustained high and rising living standards for rapidly expanding populations. They are...

Persistent link: https://www.econbiz.de/10012470310

Early 20th Century American Exceptionalism : Production, Trade and Diffusion of the Automobile

Cheng, Dong - 2019

The beginning of the twentieth century provides a unique opportunity to explore the interaction of rapid technological progress and trade barriers in shaping the worldwide diffusion of a new, highly traded good: the automobile. We scrape historical data on the quantity and value of passenger...

Persistent link: https://www.econbiz.de/10012480067

Buffalo Hunt : International Trade and the Virtual Extinction of the North American Bison

Taylor, M. Scott - 2007

In the 16th century, North America contained 25-30 million buffalo; by the late 19th century less than 100 remained. While removing the buffalo east of the Mississippi took settlers over 100 years, the remaining 10 to 15 million buffalo on the Great Plains were killed in a punctuated slaughter...

Persistent link: https://www.econbiz.de/10012465687

Rise and Fall of Empires in the Industrial Era : A Story of Shifting Comparative Advantages

Bonfatti, Roberto; Coşar, Kerem - National Bureau of Economic Research - 2022

The last two centuries witnessed the rise and fall of empires. We construct a model which rationalises this in terms of the changing trade gains from empires. In the model, empires are arrangements that reduce trade cost between an industrial metropole and the agricultural periphery. During...

Persistent link: https://www.econbiz.de/10013334512

The Distributional Consequences of Trade : Evidence from the Grain Invasion

Heblich, Stephan; Redding, Stephen; Zylberberg, Yanos - National Bureau of Economic Research - 2024

of the 19th century. We use a newly-created dataset on population, employment by sector, property values, and poor law …

Persistent link: https://www.econbiz.de/10015072899

General Education vs. Vocational Training : Evidence from an Economy in Transition

Malamud, Ofer - 2008

This paper examines the relative benefits of general education and vocational training in Romania, a country which experienced major technological and institutional change during its transition from Communism to a market economy. To avoid the bias caused by non-random selection, we exploit a...

Persistent link: https://www.econbiz.de/10012464492

The Transition in East Germany : When is a Ten Point Fall in the Gender Wage Gap Bad News?

Hunt, Jennifer - 1997

points relative to male wages, but female employment has fallen 5 percentage points more than male employment. Using the … most important determinant of the hazard rate from employment. Differences in mean 1990 wages explain more than half of the … gender gap in this hazard rate, since low earners were more likely to leave employment, and were disproportionately female …

Persistent link: https://www.econbiz.de/10012472647

Globalization and the Ladder of Development : Pushed to the Top or Held at the Bottom?

Atkin, David; Costinot, Arnaud; Fukui, Masao - National Bureau of Economic Research - 2021

We study the relationship between international trade and development in a model where countries differ in their capability, goods differ in their complexity, and capability growth is a function of a country's pattern of specialization. Theoretically, we show that it is possible for...

Persistent link: https://www.econbiz.de/10012696409

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