Showing 1 - 10 of 504
This paper provides an up-to-date study of economic planning in China as it affects the economic development, growth …
Persistent link: https://www.econbiz.de/10011149969
Our work contributes to the literature relating output structure and economic development by showing that growth gains … capabilities available to domestic firms operating in ordinary trade is an important driver of economic growth. However, no direct … technology adoption to be growth enhancing. …
Persistent link: https://www.econbiz.de/10014000646
China's fast growth has been accompanied by rising regional inequality, triggering debate over a policy trade …-off between aggregate growth and equity. We set out a three-region model of China in which local government behavior affects local …
Persistent link: https://www.econbiz.de/10014480633
We discuss the sustainability of Chinese high growth relative to growth experience elsewhere, and specifically Soviet … Russia in the 1950s to the 1960s by asking if the aggregate technology can eventually similarly constrain high growth … that the substitution elasticity is greater than one. We then discuss how sub aggregate high growth can occur when there …
Persistent link: https://www.econbiz.de/10010280849
China’s current fiscal system is largely decentralized while its governance structure is rather centralized with strong top-down mandates and a homogenous governance structure. Due to large differences in initial economic structures and revenue bases, the implicit tax rate and fiscal burdens...
Persistent link: https://www.econbiz.de/10010284803
The development of the service sector in the People's Republic of China has not kept pace with the country's overall economic development. The share of employment in services is still lagging behind that of output and is also below the international norm. Moving from traditional services to...
Persistent link: https://www.econbiz.de/10009781167
There is agreement in the literature on economic growth concerning the transitory effects of capital accumulation on … accumulation. Only in this case should expect long-run effects of capital accumulation on economic growth. Inspired by this idea, I … investment and infrastructures have played a significant role in accounting for long-run growth in China. However, I do not find …
Persistent link: https://www.econbiz.de/10011015258
We discuss the sustainability of Chinese high growth relative to growth experience elsewhere, and specifically Soviet … Russia in the 1950s to the 1960s by asking if the aggregate technology can eventually similarly constrain high growth … that the substitution elasticity is greater than one. We then discuss how sub aggregate high growth can occur when there …
Persistent link: https://www.econbiz.de/10009645643
China's fast growth has been accompanied by rising regional inequality, triggering debate over a policy trade …-off between aggregate growth and equity. We set out a three-region model of China in which local government behavior affects local …
Persistent link: https://www.econbiz.de/10014456599
The Chinese economy does still not qualify as demand-driven economy. Its growth is based on investment. In fact …
Persistent link: https://www.econbiz.de/10005837180