Showing 1 - 10 of 2,388
-institutional foundation which made China's unorthodox transition strategy politically feasible and economically effective. The paper concludes … transition process. …
Persistent link: https://www.econbiz.de/10004974519
Bearing the legacy from central-planned system, the tax system in local China still lacks transparency and, in many cases, the liabilities of firms, especially those with extensive influences, are subject to negotiation despite the new tax-reform 1994. Applying Hirschman’s Exit-Voice theory,...
Persistent link: https://www.econbiz.de/10010731233
, Russia, India, China, and Nigeria—BRIC plus one. As these case studies show, intergovernmental fiscal relations in any … focused on securing a bigger share of these revenues. Both China and Russia have made important changes in the direction of … nor Russia is it clear that the central authorities are willing to permit subnational governments much autonomy in this …
Persistent link: https://www.econbiz.de/10010555599
In this paper we review the fiscal evolution of China and Russia, asking how the process of creating a separate, tax … in Russia and that budget decentralization was consistently greater. We see both pros and cons in China … successful than Russia in managing macroeconomic policies. Finally, we argue that Russia's status as a petro-state makes …
Persistent link: https://www.econbiz.de/10005426903
We present in this paper the panel econometrics estimation approach of measuring the technical change and total factor productivity (TFP) growth of 30 Chinese provinces during the period of 1993 to 2003. The random effects model with heteroscedastic variances has been used for the estimation of...
Persistent link: https://www.econbiz.de/10010267745
This paper focuses on the question whether public infrastructure capital matters for labor productivity in China, both … over time and across regions. It finds that public infrastructure is a significant determinant of variations in labor … a short-run impact and the interregional effect as a long-term consequence of public infrastructure investment …
Persistent link: https://www.econbiz.de/10013319500
This paper aims to identify the role of digitalization and infrastructure in two fast-growing Asian economies, namely … NARDL technique. The results show that internet and mobile density (a proxy for telecommunication infrastructure …, per capita electricity power consumption (a proxy for electricity infrastructure), research and development expenditure …
Persistent link: https://www.econbiz.de/10012500546
We present in this paper the panel econometrics estimation approach of measuring the technical change and total factor productivity (TFP) growth of 30 Chinese provinces during the period of 1993 to 2003. The random effects model with heteroscedastic variances has been used for the estimation of...
Persistent link: https://www.econbiz.de/10005233841
capital, and infrastructure capital; the infusion of new technology and its regional spread; and market reforms, with a major … infrastructure capital on regional inequality. We conclude that investing in human capital will be an effective policy to reduce …
Persistent link: https://www.econbiz.de/10005822282
We present in this paper the panel econometrics estimation approach of measuring the technical change and total factor productivity (TFP) growth of 30 Chinese provinces during the period of 1993 to 2003. The random effects model with heteroscedastic variances has been used for the estimation of...
Persistent link: https://www.econbiz.de/10005642393