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Growth Accounting, Growth Theory and the East Asian Miracle
Robertson, P.E. - School of Economics, UNSW Business School - 1998
This paper develops a method for interpreting growth accounting studies in terms of the neoclassical growth model. In particular it shows that the growth accounting contribution of capital reflects the distance of the economy form its steady state income level. The method is applied to studies...
Persistent link: https://www.econbiz.de/10005776959
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Diminshed Returns? The Role of Savings and Investment Rates in East Asia's Miracle.
Robertson, P.E. - School of Economics, UNSW Business School - 1998
neoclassical model. It is shown that the role of increased savings rates (or net investment rates) in the East Asian economies has …
Persistent link: https://www.econbiz.de/10005035780
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TFPG Controversies, Institutions, and Economic Performance in East Asia
Rodrik, Dani - C.E.P.R. Discussion Papers - 1997
when institutional quality is instrumented. Finally, the experience of Hong Kong, which has had a flat investment ratio … since the 1960s, is consistent with the idea that making the transition from a low-investment economy to a high-investment …
Persistent link: https://www.econbiz.de/10005124261
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China’s Economic Growth 1978-2025: What We Know Today about China’s Economic Growth Tomorrow
Holz, Carsten A. - EconWPA - 2005
Views of the future China vary widely. While some believe that the collapse of China is inevitable, others see the emergence of a new superpower that increasingly poses a threat to the U.S. This paper examines the economic growth prospects of China over the next two decades. Extrapolating past...
Persistent link: https://www.econbiz.de/10005062447
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China’s Economic Growth 1978-2025: What We Know Today about China’s Economic Growth Tomorrow
Holz, Carsten A - EconWPA - 2005
Views of the future China vary widely. While some believe that the collapse of China is inevitable, others see the emergence of a new superpower that increasingly poses a threat to the U.S. This paper examines the economic growth prospects of China over the next two decades. Extrapolating past...
Persistent link: https://www.econbiz.de/10005556063
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China's March to Prosperity: Reforms to Avoid the Middle-income Trap
Koen, Vincent; Herd, Richard; Hill, Sam - Economics Department, Organisation de Coopération et … - 2013
China is well-placed to avoid the so-called “middle-income trap” and to continue to converge towards the more advanced economies, even though growth is likely to slow from near double-digit rates in the first decade of this millennium to around 7% at the 2020 horizon. However, in order to...
Persistent link: https://www.econbiz.de/10011277005
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Stand und Perspektiven der "New Economy" in ausgewählten Mitgliedstaaten der EU aus deutscher Sicht
Vieweg, Hans-Günther; Fuchs, Thomas; Hild, Reinhard; … - ifo Leibniz-Institut für Wirtschaftsforschung an der …
Die vorliegende Studie wurde im ifo Arbeitsbereich Branchenforschung erstellt und im Frühjahr 2005 abgeschlossen. Auftraggeber war das Bundesministerium für Wirtschaft und Arbeit. Gegenstand der Studie sind der Stand und die Perspektiven der „New Economy“ in Deutschland sowie ein Vergleich...
Persistent link: https://www.econbiz.de/10008791366
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Entreprenörskap, industriell dynamik och ekonomisk tillväxt
Carlsson, Bo - Ratioinstitutet - 2002
Huvudtesen i denna studie är att innovationer driver den ekonomiska utvecklingen, att innovationer skapas i teknologiska system och omvandlas till ekonomisk verksamhet i kompetensblock, och att industriell dynamik uppstår i konfrontationen mellan utbudssidan (teknologiska system) och...
Persistent link: https://www.econbiz.de/10005642431
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Physical capital accumulation in Asia 12: Past trends and future projections
Shioji, Etsuro; Vu, Tuan Khai - In: Japan and the World Economy 24 (2012) 2, pp. 138-149
effect”. But on the other hand, other factors such as a low rule of law score and high investment goods prices have worked …
Persistent link: https://www.econbiz.de/10011056234
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Growing like China
Song, Zheng Michael; Storesletten, Kjetil; Zilibotti, … - C.E.P.R. Discussion Papers - 2009
growth model. Its building blocks are financial imperfections and reallocation among firms with heterogeneous productivity …. Some firms use more productive technologies than others, but low-productivity firms survive because of better access to … credit markets. Due to the financial imperfections, high-productivity firms - which are run by entrepreneurs - must be …
Persistent link: https://www.econbiz.de/10005123794