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China's March to Prosperity: Reforms to Avoid the Middle-income Trap
Koen, Vincent; Herd, Richard; Hill, Sam - Economics Department, Organisation de Coopération et … - 2013
China is well-placed to avoid the so-called “middle-income trap” and to continue to converge towards the more advanced economies, even though growth is likely to slow from near double-digit rates in the first decade of this millennium to around 7% at the 2020 horizon. However, in order to...
Persistent link: https://www.econbiz.de/10011277005
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The total factor productivity in China and India: new measures and approaches
Pratt, Alejandro Nin; Yu, Bingxin; Fan, Shenggen - In: China Agricultural Economic Review 1 (2009) 1, pp. 9-22
Purpose – This paper aims to measure and compare agricultural total factor productivity (TFP) growth in China and India …: efficiency and technical change. Findings – Comparing TFP growth in China and India it is found that efficiency improvement … played a dominant role in promoting TFP growth in China, while technical change has also contributed positively. In India …
Persistent link: https://www.econbiz.de/10009366454
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relative Prices and Uneven Growth.
Pitchford, J.D. - Research School of Pacific and Asian Studies, College … - 1996
uneven growth process. Slow growth sectors, he argues, could experience increased real costs and, unless demand for their … which allows explicity both for demand, for examination of the sources of productivity growth and for substitution between …
Persistent link: https://www.econbiz.de/10005663663
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Le système financier indien à l'épreuve de la crise
Ano Sujithan, Kuhanathan - Université Paris-Dauphine (Paris IX) - 2014
This thesis first presents India’s economy and financial system’s recent history and current issues. Then, with an …
Persistent link: https://www.econbiz.de/10011212049
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The Global Financial Crisis and Short-run Prospects for India
Jha, Raghbendra - Crawford School of Public Policy, Australian National … - 2009
in place by the government of India. Finally, the paper examines short run prospects for the Indian economy in light of …
Persistent link: https://www.econbiz.de/10005000049
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Sources of Firm Life-Cycle Dynamics: Differentiating Size vs. Age Effects
Kueng, Lorenz; Yang, Mu-Jeung; Hong, Bryan - National Bureau of Economic Research (NBER) - 2014
frictions, learning about demand, and recent endogenous growth models with incumbent innovation. We emphasize the importance of …
Persistent link: https://www.econbiz.de/10010951103
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Productivity and the Welfare of Nations
Basu, Susanto; Pascali, Luigi; Schiantarelli, Fabio; … - Institute for the Study of Labor (IZA) - 2012
We show that the welfare of a country's infinitely-lived representative consumer is summarized, to a first order, by total factor productivity and by the capital stock per capita. These variables suffice to calculate welfare changes within a country, as well as welfare differences across...
Persistent link: https://www.econbiz.de/10010541274
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Productivity and the Welfare of Nations
Basu, Susanto; Pascali, Luigi; Schiantarelli, Fabio; … - Barcelona Graduate School of Economics (Barcelona GSE) - 2012
We show that the welfare of a representative consumer can be related to observable aggregate data. To a first order, the change in welfare is summarized by (the present value of) the Solow productivity residual and by the growth rate of the capital stock per capita. We also show that...
Persistent link: https://www.econbiz.de/10010547127
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Productivity and the welfare of nations
Basu, Susanto; Pascali, Luigi; Schiantarelli, Fabio; … - Department of Economics and Business, Universitat … - 2012
We show that the welfare of a representative consumer can be related to observable aggregate data. To a first order, the change in welfare is summarized by (the present value of) the Solow productivity residual and by the growth rate of the capital stock per capita. We also show that...
Persistent link: https://www.econbiz.de/10010552494
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Productivity and the Welfare of Nations
Basu, Susanto; Schiantarelli, Fabio; Servén, Luis; … - National Bureau of Economic Research (NBER) - 2012
We show that the welfare of a country's infinitely-lived representative consumer is summarized, to a first order, by total factor productivity (TFP) and by the capital stock per capita. These variables suffice to calculate welfare changes within a country, as well as welfare differences across...
Persistent link: https://www.econbiz.de/10011227907