Showing 1 - 10 of 1,156
This paper estimates the elasticity of labor productivity with respect to employment density, a widely used measure of the agglomeration effect, in the Yangtze River Delta, China. A spatial Durbin model is presented that makes explicit the influences of spatial dependence and endogeneity bias in...
Persistent link: https://www.econbiz.de/10010941676
This paper estimates the impact of industrial agglomeration on firm-level productivity in Chinese manufacturing sectors. To account for spatial autocorrelation across regions, we formulate a hierarchical spatial model at the firm level and develop a Bayesian estimation algorithm. A Bayesian...
Persistent link: https://www.econbiz.de/10010633807
We investigate the impact of research and development (R&D) subsidies on R&D inputs of large- and medium-sized firms and on additional innovation and economic activities in Chinese provinces. A panel vector autoregressive (VAR) model and corresponding impulse response function (IRF) analysis...
Persistent link: https://www.econbiz.de/10012014410
Current explanations for private consumption's diminished role in China focus on the expansion of exports and investments. Using structural path analysis, we find additional contributing factors. First, growth patterns during 1997-2007 favoured sectors with low production multipliers. Secondly,...
Persistent link: https://www.econbiz.de/10010333086
Current explanations for private consumption's diminished role in China focus on the expansion of exports and investments. Using structural path analysis, we find additional contributing factors. First, growth patterns during 1997-2007 favoured sectors with low production multipliers. Secondly,...
Persistent link: https://www.econbiz.de/10009628942
Albert Hirschman’s unbalanced growth hypothesis suggests that a developing economy can promote economic growth by initially investing in industries with high backward and forward linkages. In the case of Chinese economic policy today, one application would be the continued presence of the...
Persistent link: https://www.econbiz.de/10014188883
A question frequently posed in Russia amid the economic and social anarchy of the post socialist period is whether it might not be better off if it followed the Chinese model of transition. This latter might be described in broad terms as a very slow liberalisation of the political system with a...
Persistent link: https://www.econbiz.de/10008543394
Since 1978, when China instituted economic reforms, cities throughout the country have embraced skyscraper construction. Despite their importance, little is understood about what has been driving skyscraper heights and frequencies in China. This work explores the degree to which skyscraper...
Persistent link: https://www.econbiz.de/10012907271
The China-Pakistan Economic Corridor (CPEC), a multi-billion dollar infrastructure investment project, is heralded as a game changer for Pakistan's economy and for regional cooperation more generally. As a crucial part of the major development initiative led by China, known as ‘One Belt, One...
Persistent link: https://www.econbiz.de/10012983845
This paper considers the persistent differences in economic performance across Chinese regions. We introduce a new county- and city-level dataset that spans all of mainland China and provides a detailed view of Chinese regional growth over the period 1997-2005. Non-parametric kernel density...
Persistent link: https://www.econbiz.de/10012148543