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This paper analyzes international historical evidence and finds that economic growth slows down when per capita income reaches US{dollar}17,000.
Persistent link: https://www.econbiz.de/10010507314
With deregulation and globalization, and the impact of these developments on economies worldwide, it has become necessary for the PRC authorities to consider an approach that would further attune its economic engine toward sustained growth. This paper argues that certain sectors of the economy
Persistent link: https://www.econbiz.de/10011282569
The question to what extent the EU, Germany, its regional states or individual localities can and should cooperate with China has gained considerable importance recently. This paper discusses the city of Duisburg, an important logistics hub in western Germany, next to the rivers Rhine and Ruhr,...
Persistent link: https://www.econbiz.de/10012510479
Using international data starting 1957, we construct a sample of cases where fast-growing economies slow down. The evidence suggests that rapidly growing economies slow down significantly, in the sense that the growth rate downshifts by at least 2 percentage points when their per capita incomes...
Persistent link: https://www.econbiz.de/10009301880
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This paper studies whether research universities can boost regional economic development through an exogenous shock of a forced relocation of a research university in China. We analyze the development in the treated regions compared with a set of control regions that are created using the...
Persistent link: https://www.econbiz.de/10012392704
We investigate the impact of research and development (R&D) subsidies on R&D inputs of large- and medium-sized firms and on additional innovation and economic activities in Chinese provinces. A panel vector autoregressive (VAR) model and corresponding impulse response function (IRF) analysis...
Persistent link: https://www.econbiz.de/10012105422