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There have been many studies show that there are significant differences in wages between China's workers engaged in formal employment and informal employment, but very few studied the career intention of informal workers. Informally workers in such a disadvantageous position, are they voluntary...
Persistent link: https://www.econbiz.de/10010902632
The Chinese economy does still not qualify as demand-driven economy. Its growth is based on investment. In fact …
Persistent link: https://www.econbiz.de/10005837180
This paper provides an up-to-date study of economic planning in China as it affects the economic development, growth …
Persistent link: https://www.econbiz.de/10011149969
dynamics,focusing on trends in gdp growth, investments and savings. Secondly, we describe how industrialpolicies developed …
Persistent link: https://www.econbiz.de/10011158228
There is agreement in the literature on economic growth concerning the transitory effects of capital accumulation on … accumulation. Only in this case should expect long-run effects of capital accumulation on economic growth. Inspired by this idea, I … investment and infrastructures have played a significant role in accounting for long-run growth in China. However, I do not find …
Persistent link: https://www.econbiz.de/10011015258
Undervaluation of the currency is generally believed to affect growth through two main transmission channels: the … “capital accumulation channel” and the “total factor productivity (TFP) growth channel”. This paper carries out the first … empirical investigation on the TFP growth channel. More specifically, we provide answers to the three following questions: Does …
Persistent link: https://www.econbiz.de/10011260337
more balanced growth path for China. …
Persistent link: https://www.econbiz.de/10011196547
. This will come at a cost in terms of economic growth via the impact on reduced savings, although a lower saving rate offers …
Persistent link: https://www.econbiz.de/10011201598
annual global growth has gradually increased, rising from ¼ percentage point in the early 1980s to almost 1 percentage point … in recent years. Most of this increased contribution reflects strong growth in China and India, with around half arising … contribution of domestic demand in emerging Asia to global growth is likely to continue to rise, underpinning Australiaâ …
Persistent link: https://www.econbiz.de/10008862836
China has achieved impressive growth over the last three decades. However, there has been debate over the sources of … the growth, and the role of the intensive versus extensive margin. Growth accounting exercises at the aggregate level … have been doubts about the contribution of TFP improvements to growth. For the period between 1978 and 1998, Young (2003 …
Persistent link: https://www.econbiz.de/10008615448