Showing 1 - 10 of 13
China’s growth has been spectacularly high and persistent over the last few decades. However, there have been regular expressions of concern about the uneven distribution of the benefits across regions and, at times, it has been asserted that the regional distribution of available investment...
Persistent link: https://www.econbiz.de/10008539793
Regional disparities in output per capita and income in China are large and persistent. They have been the subject of considerable concern to policy-makers at the highest level for decades, yet little is known about the effectiveness of various alternative policies which may be used to combat...
Persistent link: https://www.econbiz.de/10008539801
This paper analyses the relationship between stock prices and the Chinese macro economy measured by the level of GDP. There are many possible channels of influence between these two variables, channels which may operate in either direction. There are also many theories relevant to these...
Persistent link: https://www.econbiz.de/10008539806
Initially, the global financial crisis caused a surge of financial inflows to China, raising investment, but this abated in 2008, leaving a substantial contraction in export demand. The government’s key response was to commit to an unprecedented fiscal expansion. Two oftignored consequences...
Persistent link: https://www.econbiz.de/10008539819
Despite high economic growth over the past 30 years, China’s substantial and persistent regional disparities have been the subject of continuing concern to policy makers, as well as the target of a wide variety of policies. An important issue in the policy debate about whether and how best to...
Persistent link: https://www.econbiz.de/10008539824
China’s international trade flows have increased by 500% since 1992, far outstripping GDP growth. Likewise tertiary education enrollments have increased by 300%. We simulate these changes using a multi-sector growth model of the Chinese and USA economies. A decade of trade biased growth in...
Persistent link: https://www.econbiz.de/10008539825
From the early 1960s onwards, Arnold Zellner has been publishing influential papers in the areas of statistical theory, econometric applications and macroeconomic modelling. This conversation canvasses Zellner’s transition from physics to economics, the reason for the renewal of interest in...
Persistent link: https://www.econbiz.de/10008539832
China’s growth has been rapid but the value of China's international trade has grown even faster. This trade-biased growth is bringing both challenges and opportunities for Asian economies that are highly integrated with Chinese trade networks. Moreover in ASEAN countries such as Indonesia and...
Persistent link: https://www.econbiz.de/10008534114
Dramatic changes have taken place in China's energy sector over the past decade. These changes have important implications for energy consumption, trade, production and regulatory policies in China and beyond. The objective of this paper is to examine some of the key issues associated with...
Persistent link: https://www.econbiz.de/10005227275
This paper presents an empirical assessment of the “New Economy” in China, drawing upon the linkage between information technology (IT) and economic growth. The aim of this paper is to interpret China’s economic growth from a perspective which emphasizes IT as a factor in economic growth....
Persistent link: https://www.econbiz.de/10005730829