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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
This study adopts the perspective of demand spillovers to provide new insights regarding Chinese domestic-regions' production position in global value chains and their associated CO2 emissions. To this end, we constructed a new type of World Input-Output Database in which China's domestic...
Persistent link: https://www.econbiz.de/10011265961
With regression formulas replaced by equilibrium conditions, a spatial CGE model can substantially reduce data requirements. Detailed regional analyses are thus possible in countries where only limited regional statistics are available. While regional price differentials play important roles in...
Persistent link: https://www.econbiz.de/10005744792
We study the implications of financial-market imperfections on labor and capital misallocation in China. Financial friction stems from private sectors' credit constraints that limit the efficient use of capital relative to state firms. Our model can jointly explain labor flows out of and capital...
Persistent link: https://www.econbiz.de/10012838476
This paper evaluates the role of economic geography in explaining regional wages in China. It investigates the extent to which market proximity can explain the evolution of wages, and through which channels. We construct a complete indicator of market access at the provincial level from data on...
Persistent link: https://www.econbiz.de/10005062876
Since the Greater Mekong Sub-region (GMS) program began in 1992, activities have expanded and flourished. The three economic corridors are composed of the East-West, North-South, and Southern; these are the most important parts of the flagship program. This article presents an evaluation of...
Persistent link: https://www.econbiz.de/10005227595
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
China's rampant environmental pollution problems and rising greenhouse gas emissions and the resulting climate change are undermining its long-term economic growth. China, from its own perspective cannot afford to and, from an international perspective, is not meant to continue on the...
Persistent link: https://www.econbiz.de/10010203427
Urban bias has long been China's dominant economic policy. The persistent urban bias leads to a severe rural-urban income gap and diverts physical as well as an effect of diverting the rural resource out of agricultural sector, and thus is detrimental to agricultural growth. This paper uses...
Persistent link: https://www.econbiz.de/10013067931