Liang, Ming-Yih - In: American Economic Journal: Macroeconomics 2 (2010) 3, pp. 206-34
We examine two behavioral traits essential to Confucianism, and put forward hypotheses as to whether these behavioral traits impede or are conducive to "leading" or "follower" mode growth. A dynamic leader-follower general equilibrium model with appropriately specified "Confucian" parameters is...