Showing 1 - 10 of 10,182
of China. In this paper we estimate the effect of deep reform (the right to hire and fire labour, buy and sell capital … and operate on international markets) on the productivity dynamics of enterprises. Using a unique balanced panel of 681 … show that exposure to deep reform have lead to higher productivity realisations while remaining under state ownership. …
Persistent link: https://www.econbiz.de/10010261956
China has achieved impressive growth over the last three decades. However, there has been debate over the sources of … quantifying their contributions to growth. In this paper, we develop a three-sector dynamic model to quantify the sources of China … continues to absorb more than half of all fixed investment. If capital had been allocated efficiently, China could have achieved …
Persistent link: https://www.econbiz.de/10010269571
world markets, despite China being an oil importing country. In this paper we develop a theoretical model that explains the … oil prices that has a stronger impact on its export competitors. This is due to the large labor force surplus of China. We … export competitiveness, together with the oil price, productivity, real exchange rate, and foreign industrial production over …
Persistent link: https://www.econbiz.de/10010277838
resources, which raises productivity. Relying on provincial panel data from China, this paper attempts to examine if regional … productivity growth is accounted for by the deepening process of financial development. Towards this end, an appropriate … measurement of financial depth is constructed and then included as a determinant of productivity growth. It finds that a …
Persistent link: https://www.econbiz.de/10010284703
This study examines the productivity growth of the nationwide banks of China and a sample of city commercial, banks for … the eleven years to 2007. Estimates of total factor productivity growth are constructed with appropriate confidence … alternative sets of outputs. The productivity growth of the state-owned commercial banks (SOCBs) is compared with the joint …
Persistent link: https://www.econbiz.de/10010288751
This study examines the productivity growth of the nationwide banks of China over the ten years to 2006. Using a … bootstrap method for the Malmquist index estimates of productivity growth are constructed with appropriate confidence intervals … for the robustness of the results by examining alternative sets of outputs. The productivity growth of the state …
Persistent link: https://www.econbiz.de/10010288855
-to compete in the 21st Century global economy? Countries including China, Korea, Japan and Singapore have begun to integrate … No Child Left Behind testing and budget cut-backs) to move away from that model. Developments in China (including Hong … Kong and Taiwan), Korea and Singapore are complemented with comparisons to trends in national policy and private sector …
Persistent link: https://www.econbiz.de/10012611836
We study how total factor productivity (TFP), energy prices, and the Great Moderation are linked. First we estimate a … negatively affected productivity. This spillover has since disappeared. Second, we show that within the framework of a dynamic … stochastic general equilibrium model, the disappearance of this energy-productivity spillover generates the significantly lower …
Persistent link: https://www.econbiz.de/10010292361
Productivity growth has been slow in many continental European countries over the last few decades, especially in … product market competition experience higher rates of productivity growth. We also find weak evidence for the notion that in … Germany?s bank-based system of internal control, ownership concentration is harmful for productivity growth. …
Persistent link: https://www.econbiz.de/10010297660
productivity, the skill mix of the workforce and wages using micro data for the U.S. and Germany. We find support to the idea that … is evidenced in a greater dispersion in productivity and related key business choices. We also find that the mean impact … of adopting new technology on productivity and wages is greater the in U.S. than in Germany. …
Persistent link: https://www.econbiz.de/10010299237