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Reich (2013) recapitulates my model (Helmedag 2012a) incorrectly. Above all, he mixes up exogenous with endogenous variables. Moreover, Reich's interpretation of the system's dynamics is on the one hand formally insufficient; on the other hand, matters are presented in a more complicated way...
Persistent link: https://www.econbiz.de/10010739151
The causal structure of capitalistic commodity production can be revealed by notionally separating total output into two categories: 'necessaries' bought by employees, and the rest constituting society's surplus. The rate of profit is determined in the wage good industry and becomes the system?s...
Persistent link: https://www.econbiz.de/10010711796
China has had a remarkably high ratio of investment to output throughout the period of economic reform, surpassing … determinant of China's high rate of economic growth.  This survey paper gathers together the available evidence to explain why …
Persistent link: https://www.econbiz.de/10004982010
<alinea/> The Chinese investment rate reaches a world record in 2008, exceeding 45% of the GDP. However, this very strong accumulation process may be extremely dangerous for the continuation of the national investment. Most of the time, the emphasis is put on the importance of overproduction : Chinese...
Persistent link: https://www.econbiz.de/10008926595
Purpose – The purpose of this paper is to examine foreign direct investment (FDI) spillovers accruing to Chinese local industry at both intra- and inter-industry levels and how such effects vary with the nationality of the investor. Design/methodology/approach – A panel dataset for Chinese...
Persistent link: https://www.econbiz.de/10005081218
Zwischen 2000 und 2009 ist China zur zweitgrößten Industrienation aufgestiegen und auch die Industrien anderer … rund 6,5 Prozent. Vom globalen Wachstum der Industrie von 50 Prozent profitierte der Standort Deutschland damit weit …
Persistent link: https://www.econbiz.de/10009652510
We analyze diversification of boundaries of local firms in developing countries under the economic globalization. The globalization has an aspect of homogenization of the world economy, but also has another aspect of diversification through international economic activities. Focusing on...
Persistent link: https://www.econbiz.de/10010539678
, we find that O-FDI in other countries enhances productivity in Taiwan, while O-FDI in China does not. We interpret the …
Persistent link: https://www.econbiz.de/10009319783
2000, but too little attention has been focused on the twenty-first century. With this rapid growth of China's export … to 2009, not only within the world market but also in the US market. Second, it is very important for China to stabilize … the overseas market demand and secure exports, this paper shows how China could cope with a crisis. JEL classification: F …
Persistent link: https://www.econbiz.de/10010553331
Purpose – Based on a sample of foreign-financed manufacturing firms in southern China, the purpose of this paper is to … significant. Research limitations/implications – The sample size is small and the data were collected from southern China. A … generalization of results to other parts of China should be interpreted with caution. Despite the limited degree of generalization …
Persistent link: https://www.econbiz.de/10005047627