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Economic Growth and Structural Transformation in Southeast Asia
Samphantharak, Krislert - 2019
This paper analyzes macroeconomic growth of the economies in Southeast Asia since the end of the Second World War. It argues that there appears a convergence in development strategy among the economies in this region in recent decades. With few exceptions, every economy in Southeast Asia has...
Persistent link: https://www.econbiz.de/10012893523
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Structural Transformation and Allocation Efficiency in China and India
Di Stefano, Enrica - 2017
compute capital and labor misallocations in China and India using data for 26 sectors over the period 1980-2010. Our findings … stemming from an efficient allocation of factors to range from 25% to 35% in China and from 35% to 40% in India. Finally, we …
Persistent link: https://www.econbiz.de/10012960923
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India and the global demand for commodities: is there an elephant in the room?
Francis, Michael (contributor); Winters, Corinne (contributor) - 2008
After 10 years of impressive growth, India is now the fourth largest economy in the world. Yet, to date, Indias' impact …
Persistent link: https://www.econbiz.de/10003790211
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Structural transformation in China and India : the role of macroeconomic policies
Rada, Codrina; Von Arnim, Rudiger - 2011
This paper explores macroeconomic policies that can sustain structural change in China and India. A two-sector open … economic activity is calibrated to a 2000 SAM for China and a 1999/2000 SAM for India. Short-run analysis concerns temporary … change ; endogenous productivity ; dual economy ; China ; India …
Persistent link: https://www.econbiz.de/10008937618
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Chapter 73 Agricultural Productivity and Economic Growth
Gollin, Douglas - In: Handbook of agricultural economics : volume 4, (pp. 3825-3866). 2010
In most poor countries, large majorities of the population live in rural areas and earn their livelihoods primarily from agriculture. Many rural people in the developing world are poor, and conversely, most of the world's poor people inhabit rural areas. Agriculture also accounts for a...
Persistent link: https://www.econbiz.de/10014024046
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Structural transformation and its relevance for economic growth in sub-Saharan Africa
Busse, Matthias; Erdogan, Ceren; Mühlen, Henning - 2017
In this paper, we analyse the role of structural transformation in view of the remarkable growth performance of sub-Saharan African countries since the mid-1990s. Our analysis covers 41 African countries over the period 1980 to 2014 and accounts for structural transformation by employing the...
Persistent link: https://www.econbiz.de/10011729148
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India's structural transformation and role in the world economy
Rada, Codrina; Von Arnim, Rudiger - 2012
global one-sector model with demand determined outputs and bargained distribution to investigate whether India's growth … performance can be sustained, where the country might face constraints to growth, and how India's growth matters in the global … economy. -- structural change ; informal sector ; India ; global demand …
Persistent link: https://www.econbiz.de/10009553199
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The middle-income trap 2.0 : the increasing role of human capital in the age of automation and implications for developing Asia
Glawe, Linda; Wagner, Helmut - 2020 - Update March 2020
We modify the concept of the middle-income trap (MIT) against the background of the Fourth Industrial Revolution and the (future) challenges of automation (creating the concept of the "MIT 2.0") and discuss the implications for developing Asia. In particular, we analyze the impacts of...
Persistent link: https://www.econbiz.de/10012206273
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China's march to prosperity : reforms to avoid the middle-income trap
Koen, Vincent; Herd, Richard; Hill, Sam - 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/10010231008
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The Republic of Korea's economic growth and catch-up : implications for the People's Republic of China
Lee, Jong-Wha - 2016
This study investigates the economic growth and catch-up of the Republic of Korea over the past half-century. The gap of output per worker between the Republic of Korea and United States has decreased rapidly, as the Republic of Korea's lower per capita income, relative to its potential level,...
Persistent link: https://www.econbiz.de/10011471510