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This paper explores the two-way links between Economic Growth and Human Development by examining the performance of some countries which have been successful in both dimensions and a few which have not. The specific aim is to examine the historical experience of six countries in order to...
Persistent link: https://www.econbiz.de/10014056774
This paper explores the two-way links between Economic Growth and Human Development by examining the performance of some countries which have been successful in both dimensions and a few which have not. The specific aim is to examine the historical experience of six countries in order to...
Persistent link: https://www.econbiz.de/10003810322
This paper conducts an empirical study by province level data to analyze the relationship between China's human development and economic growth. The results of this study show that improvements of human development are followed by faster economic growth and influences of human capital derived...
Persistent link: https://www.econbiz.de/10012731551
It has been observed that human capital is an important factor behind economic growth, especially corresponding to the developed countries or, of the Organization of Economic Cooperation and Development (OECD) countries over the past five decades. The theoretical models differ however regarding...
Persistent link: https://www.econbiz.de/10012836670
In view of rising inequality in fast growing Asian developing countries, it is important to study the relationship between economic growth and income inequity. We develop a simple model to establish that economic growth and inequality can bear a complex and non-linear relationship if policy...
Persistent link: https://www.econbiz.de/10013021416
It is by now well-established fact that human capital accumulation is decisive for explaining income differences across and within countries. However, while there is already a significant body of literature focusing on the analysis of income convergence, research on the dynamics of the...
Persistent link: https://www.econbiz.de/10013250638
It is commonly believed that China began the socialist era as a very under-urbanized country relative to its level of development and that it has been eliminating this urbanization gap during the post-1978 period as a result of its economic reforms. Our reexamination of the relationship between...
Persistent link: https://www.econbiz.de/10014058982
The authors study the sources and pattern of China's impressive economic growth over the past 25 years and show that key issues currently of concern to policymakers - widening inequality, rural poverty, and resource intensity - are to a large extent rooted in China's growth strategy, and...
Persistent link: https://www.econbiz.de/10014061294
This paper represents an early attempt to analyze the comprehensive relationship between public educational expenditure and structural change, which is often measured by labor transfer from agricultural sector to industrial sector in developing economies. I construct a two-sector general...
Persistent link: https://www.econbiz.de/10011814195
China is well-placed to avoid the so-called “middle-income trap” and to continue to converge towards the more advanced economies, even though growth is likely to slow from near double-digit rates in the first decade of this millennium to around 7% at the 2020 horizon. However, in order to...
Persistent link: https://www.econbiz.de/10011277005