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This paper analyzes the effects of structural change on the rates of growth of wages, employment and per-capita income in low-income countries, their dualistic structure shown by a Lewis-type two-sector model. Structural change is measured by the varying shares of sectoral employment in total...
Persistent link: https://www.econbiz.de/10011918482
In the report we analyse the reasons for the weakness of Finland’s economic performance over the past decade and assess the growth prospects in the coming 5 years. The weakness of Finland’s performance relative to comparative EU-countries since 2009 can largely be explained by the collapse...
Persistent link: https://www.econbiz.de/10012037707
China using the quarterly province-level panel data for the period 1999 q1 to 2007 q4. Recently developed econometric … clear support of a stable long-run relationship between housing investment, non-housing investment and GDP in China. We then … country, while the impacts of housing investment on GDP behave strikingly differently in the three sub-regions of China. …
Persistent link: https://www.econbiz.de/10010321479
Current explanations for private consumption's diminished role in China focus on the expansion of exports and … enhancing private consumption's role in China will require new (services-oriented) growth patterns and a significant realignment …
Persistent link: https://www.econbiz.de/10010333086
evidence for displacement effects of African firms due to competition from China. Chinese foreign investment and aid in Africa …
Persistent link: https://www.econbiz.de/10011918494
analysis of PIC nations i.e. Pakistan, India and China. The study also provides the detail information regarding the …
Persistent link: https://www.econbiz.de/10011938293
Survey data from urban China in 2002 show levels of life satisfaction to be low, but not exceptionally so, by … international comparison. Many of the determinants of life satisfaction in urban China appear comparable to those for people in …
Persistent link: https://www.econbiz.de/10010268643
We study the dispersion in rates of provincial economic- and TFP growth in China. Our results show that regional growth … regional gaps in China as well as an efficient means to promote economic growth. …
Persistent link: https://www.econbiz.de/10010268707
This paper estimates trends in absolute poverty in urban China from 1988 to 2002 using the Chinese Household Income …
Persistent link: https://www.econbiz.de/10010268820
Schumepterian growth theory stresses the role of structural change in long run growth. Countries which increase the share of technology-intensive sectors in their economic structures benefit more from technological learning and innovation. In addition, they are more able to respond to changes in...
Persistent link: https://www.econbiz.de/10010273506