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This study investigates the impacts of trade with China on the gross domestic product (GDP) of the global South. While the current literature on the growth impacts of trade (by leading partner countries) often neglects the properties of macro panel data, such as cross-sectional dependence,...
Persistent link: https://www.econbiz.de/10012120434
The authors investigate how the Global South’s gross domestic product (GDP) is impacted by trade with China. While the current literature on the growth impacts of trade (by leading partner countries) often neglects the properties of macro panel data, such as cross-sectional dependence,...
Persistent link: https://www.econbiz.de/10012209723
I perform Arellano-Bond GMM estimations using panel data over the period 1995-2008 and explore the growth effects of Africa's trade with China, distinguishing between the effect of imports and the effect of exports, and controlling for the role of export concentration. Four important results are...
Persistent link: https://www.econbiz.de/10013137953
Indian and Chinese economies are growing rapidly among the Asian countries due to economic reforms. The prime objective of this study was to compare and analyze the economic status (in terms of economic growth, FDI inflows, export and import, remittance, labor force, tax and tariff) of both the...
Persistent link: https://www.econbiz.de/10012966385
Convergence and divergence of economic growth both appears successively after market-oriented reforms began in 1978 in China. This kind of phenomenon seldom emerges in other country. We find that the human capital and tax structure impact the convergence evidently in contrary ways
Persistent link: https://www.econbiz.de/10014067870
The rise of China is no doubt the most important event in world economic history since the Industrial Revolution. The institutional theory of development based on a dichotomy of extractive vs. inclusive political institutions cannot explain China's rise. This article argues that only a radical...
Persistent link: https://www.econbiz.de/10012904076
Over the past few decades China has emerged as an alternative model of development especially for countries in Asia and Africa. Not only has China achieved impressive growth rates, lifted almost half a billion people out of poverty but has also emerged as a rising global power. Many economists...
Persistent link: https://www.econbiz.de/10012936343
Abstract Both Mexico and China have started export orientation in some industries, through assembly operations, based on imported inputs a couple of decades ago. The literature on industrialization, has discussed the questions of import substitutions and outward-orientation mainly as alternative...
Persistent link: https://www.econbiz.de/10005836937
The existence of economic slack or inefficiency is a common phenomenon of economies that operate under mandatory central planning. It implies that the economy operates in the interior of its set of production possibilities and not on its frontier. It also implies that output can be increased...
Persistent link: https://www.econbiz.de/10013003688