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China is well-placed to avoid the so-called “middle-income trap” and to continue to converge towards the more advanced …
Persistent link: https://www.econbiz.de/10011277005
In this paper we provide an overview of the growth model in China and its prospects, taking a medium-run to long …-run perspective. Our main conclusions are as follows. First, the still prevailing producer-biased model of managed capitalism in China …-)escalate once global and domestic economic conditions normalise. Third, the fundamental factors underpinning growth in China are …
Persistent link: https://www.econbiz.de/10010687528
One of the greatest challenges China faces is how to reshape its heavily investment-driven mode of economic growth. By …
Persistent link: https://www.econbiz.de/10009226815
One of the greatest challenges China faces is how to reshape its heavily investment-driven mode of economic growth. By …
Persistent link: https://www.econbiz.de/10010894493
on the growth rate of the People's Republic of China (PRC) and FDI and exports on growth and economic activity of the …
Persistent link: https://www.econbiz.de/10005631079
governance and economic growth at the provincial level in China during the reform era. I find a significant and positive effect … not been a key factor in China’s rapid growth, and support the proposition that governance reforms are often a consequence …
Persistent link: https://www.econbiz.de/10011272728
We examine whether China has benefited more than other countries from financial sector development by performing a meta … for China are inconclusive, they indicate the absence of a direct link between financial development and economic growth. …
Persistent link: https://www.econbiz.de/10009493549
China and India have emerged as highly dynamic economies in recent years. In the Asian region their growth and economic … dependence of India and China is mostly on the industrial intermediate sector, which is critical for their exports. It is … technology is examined. India and China have made steady progress in frontier technologies such as ICT and biotechnology, and …
Persistent link: https://www.econbiz.de/10009363489
This paper constructs a growth model that is consistent with salient features of the Chinese growth experience since 1992: high output growth, sustained returns on capital investments, extensive reallocation within the manufacturing sector, falling labor share and accumulation of a large foreign...
Persistent link: https://www.econbiz.de/10005123794
We examine whether China has benefited more from exports than other countries. The results show that exports have been … more significant for growth in China than in other countries, even when China is compared with other transition economies. …
Persistent link: https://www.econbiz.de/10010572140