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Infrastructure and urbanization in the People's Republic of China

Li, Zhigang - 2017

The recent experience of infrastructure investment in the People's Republic of China (PRC) suggests an intertwined relationship between investment, urbanization, and economic growth. In one mechanism, urbanization generates demand for infrastructure investment, which then drives economic growth...

Persistent link: https://www.econbiz.de/10011585947

The impacts of infrastructure in development : a selective survey

Sawada, Yasuyuki - 2015

Development economists have considered physical infrastructure to be a precondition for industrialization and economic development. Yet, two issues remain to be addressed in the literature. First, while proper identification of the causal effectiveness of infrastructure in reducing poverty is...

Persistent link: https://www.econbiz.de/10010465408

Globalization, infrastructure, and inclusive growth

Winters, Leonard Alan - 2014

This paper covers threes issues: first, defining and measuring inclusive growth; second, the relationship between international trade and inequality; and third, the links between infrastructure and inequality. Both international trade and infrastructure make it easier for people to exchange...

Persistent link: https://www.econbiz.de/10010245334

Digitalization and economic performance of two fast-growing Asian economies : India and the People's Republic of China

Sahoo, Dukhabandhu; Nayak, Suryakanta; Behera, Jayanti - 2021

This paper aims to identify the role of digitalization and infrastructure in two fast-growing Asian economies, namely India and the People's Republic of China (PRC), within the growth framework from1990 to 2019 by using panel 2SLS and the NARDL technique. The results show that internet and...

Persistent link: https://www.econbiz.de/10012500546

Reevaluating the economic benefits of the Lao People's Democratic Republic (Lao PDR)-People's Republic of China high-speed rail and its implications for fiscal stability of the Lao...

Lane, Jonathan Andrew - 2020

This paper explores the challenges created by debt and fiscal stability in countries where major infrastructure investment is proposed. This paper specifically focuses on the Lao People's Democratic Republic (Lao PDR) and the $6 billion Lao PDR-People's Republic of China (PRC) high-speed railway...

Persistent link: https://www.econbiz.de/10012289885

A framework to study the role of structural transformation in productivity growth and regional convergence

Fukao, Kyōji; Paul, Saumik - 2018

We show that σ-convergence in regional productivity growth can be approximated by σ-convergence in sectoral … productivity growth and σ-convergence in structural transformation-led productivity growth. Applying this framework to Japanese … prefecture-level data from 1874 to 2008, we find support for substantial convergence effects of structural transformation in the …

Persistent link: https://www.econbiz.de/10011843800

The Republic of Korea's economic growth and catch-up : implications for the People's Republic of China

Lee, Jong-Wha - 2016

conditional convergence theory. Cross-country regression further suggests that the Republic of Korea's catch-up to the United … decades due to the convergence effect and with the rebalancing toward a domestic consumption and services-based economy. The …

Persistent link: https://www.econbiz.de/10011471510

Growth slowdowns, middle-income trap, and demographic profile in South Asia

Jayasooriya, S. P. - 2017

The middle-income trap (MIT) is a scenario of rapidly growing economies that experience sudden stops and ultimately lead to stagnation at the middle-income level. Economic growth depends on changes in the demographics of a country. Conversely, the demographic change in economic growth has both...

Persistent link: https://www.econbiz.de/10011646990

Two stages of economic development

Gong, Gang - 2016

This study suggests that the development process of a less-developed country can be divided into two stages, which demonstrate significantly different properties in areas such as structural endowments, production modes, income distribution, and the forces that drive economic growth. The two...

Persistent link: https://www.econbiz.de/10011576858

Growth empirics : structural transformation and sectoral interdependencies of Sri Lanka

Jayasooriya, S. P. - 2017

Even though the impacts of the globalization on economic growth and structural changes are inevitable, many developing countries are slowly transformed in the process. This paper examines the impact of structural transformation of Sri Lanka's economy on sectoral interdependencies to provide...

Persistent link: https://www.econbiz.de/10011637982