Showing 1 - 10 of 28
prospects as an engine of growth. Our analysis resoundingly confirms the conventional wisdom of an underperforming service …
Persistent link: https://www.econbiz.de/10010840929
The underdeveloped service sector in Asia has the potential to become a new engine of economic growth for developing … Asia, which has traditionally relied on export-oriented manufacturing to power its growth. The central objective of this … paper is to empirically analyze the prospects for the service sector as a future engine of growth. Our analysis of 12 Asian …
Persistent link: https://www.econbiz.de/10010840984
developing Asia's exports and growth. As a result, developing Asian countries are increasingly looking to the People's Republic … of China (PRC) as a new source of demand and growth. The central objective of this paper is to empirically assess whether … trade with the PRC can become an engine of growth for developing Asia. To do so, we examine the structure of PRC's trade …
Persistent link: https://www.econbiz.de/10011432684
The central objective of our paper is to empirically examine the relationship between financial development and income inequality. Theoretically, there are grounds for both a positive and negative relationship between the two variables. Our main finding is that financial development contributes...
Persistent link: https://www.econbiz.de/10011432865
relationship between deflation and economic growth, using consumer prices time series, Borio et al. (2015) find some evidence that … harmful effect of deflation on growth. …
Persistent link: https://www.econbiz.de/10011725563
We review the growth experience of middle-income countries. Economic factors associated with growth appear to differ … between middle income and other countries. The efficiency of the financial system is importantly related to the growth rate in …
Persistent link: https://www.econbiz.de/10011725590
This paper revisits the impact of population aging on economic growth. In order to understand the impact of population … aging on economic growth, it is important to consider the changes in the entire age distribution of demography. Our … working-age population lowers economic growth. We also investigate the effect of technological advances on the relation …
Persistent link: https://www.econbiz.de/10012429398
demand and growth. As a result, the collapse of exports to the US and other industrialized countries during the global … financial and economic crisis has sharply curtailed gross domestic product (GDP) growth across the region. The emergence of the … an additional source of demand and growth. The central objective of this paper is to use vector autoregression (VAR …
Persistent link: https://www.econbiz.de/10008487556
developing Asia’s exports and growth. As a result, developing Asian countries are increasingly looking to the People’s Republic … of China (PRC) as a new source of demand and growth. The central objective of this paper is to empirically assess whether … trade with the PRC can become an engine of growth for developing Asia. To do so, we examine the structure of PRC’s trade …
Persistent link: https://www.econbiz.de/10008487590
demand and growth. As a result, the collapse of exports to the US and other industrialized countries during the global … financial and economic crisis has sharply curtailed gross domestic product (GDP) growth across the region. The emergence of the … an additional source of demand and growth. The central objective of this paper is to use vector autoregression (VAR …
Persistent link: https://www.econbiz.de/10010507284