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empirical research on the relation between urbanization and GDP in China, and also implements a comparative analysis to the … relation between three industries and degree of urbanization, the related coeffecient is 0.97, 0.95, 0.97, 0.97. And the result … shows a long-term balance between these two factors, and the promoting effect to tertiary industry by urbanization is more …
Persistent link: https://www.econbiz.de/10009442811
the process of China's enterprise reform. The other two essays focus on the upgrading of counties to cities in China …
Persistent link: https://www.econbiz.de/10009450902
The significant economic growth and urbanisation of China in recent years has seen increased importance given to … infrastructure development in China; this includes airports, toll roads, communications, ports, power plants and water. The purpose … of this paper is to assess the significance and investment performance of infrastructure in China, the linkages to …
Persistent link: https://www.econbiz.de/10009482054
A new strand of literature has recently sought to investigate possible links between technological changes, observed modifications to firms' organizational structure and the evolution of the wage gap between skilled and unskilled workers. After a brief overview of such approaches, this essay...
Persistent link: https://www.econbiz.de/10009471673
This study compares the effects of economic internationalisation on the functional distribution of labour income in the U.S.and Germany. The benchmark for assessing the empirical analyses theoretically is the general equilibrium framework ofinternational trade theory. Focusing on general...
Persistent link: https://www.econbiz.de/10009471731
Governments in developing economies often resort to taxing bank money balances through imposition of high reserve requirements and also by relying on seigniorage to finance their deficits. In the context of those practices, this research reported in this paper attempts to answer the following...
Persistent link: https://www.econbiz.de/10009441674
components analysis to construct an index of financial liberalisation for China. Much of China’s financial development has been …
Persistent link: https://www.econbiz.de/10009441682
Financial development has been argued as a potential source of comparative advantage and its relationships with trade has been theoretically developed. This theory posits that countries that are well financially developed should experience greater volumes of international trade. We empirically...
Persistent link: https://www.econbiz.de/10009444566
Many economists have observed that the financial system has a positive and monotoniceffect on economic growth. In this study we reaffirm the finance-growth nexus. We adopta three-tier approach for the study’s methodology using panel data of 66 countries from1986 to 2005. Firstly, we test for...
Persistent link: https://www.econbiz.de/10009447598
Does it matter for domestic investment whether a country’s financial system is bank based or stock-market based? This paper posits that financial intermediation affects domestic investment notably by alleviating financing constraints, allowing firms to increase investment in response to...
Persistent link: https://www.econbiz.de/10009467754