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Persistent link: https://www.econbiz.de/10009579512
sustainability of high Chinese growth. -- China ; growth ; sustainability ; substitution elasticity …We discuss the sustainability of Chinese high growth relative to growth experience elsewhere, and specifically Soviet … than below one. We use time series data on labor's share in GDP to estimate a substitution elasticity for China, finding …
Persistent link: https://www.econbiz.de/10009490607
We discuss the sustainability of Chinese high growth relative to growth experience elsewhere, and specifically Soviet … than below one. We use time series data on labor's share in GDP to estimate a substitution elasticity for China, finding … role of factor substitution in future Chinese growth. We argue that high growth in China can be supported in such a …
Persistent link: https://www.econbiz.de/10013110413
Persistent link: https://www.econbiz.de/10012602333
The nexus between Information Communication Technology (ICT) and stock market development has been predominantly based on studies of the developed markets and high-income economies of the world. The objective of this study was to examine the causal relationship between ICT adoption and stock...
Persistent link: https://www.econbiz.de/10012799415
Extraordinary spread of new information and communication (ICTs) technologies has been recognized worldwide. ICTs are broadly perceived as tools facilitating economic growth and development, especially in economically backward countries. They are relatively easy and cheap to adopt, require...
Persistent link: https://www.econbiz.de/10011802107
This paper explores the impacts of Information and Communication Technologies (ICT) on economic growth in New Zealand. Using an extended industry-level growth accounting model to analyse the proximate sources of growth in per capita output, we focus on differences in total factor productivity...
Persistent link: https://www.econbiz.de/10014053427
Persistent link: https://www.econbiz.de/10012884497
In this paper we analyse the effects of human capital in fostering output growth in ICT manufacturing and services using data from a sample of twenty OECD countries over the period 1980-2002. We focus on within country between industry differences and control for country and industry specific...
Persistent link: https://www.econbiz.de/10003449242
In this study, we rely on the extension of the endogenous growth theory to consider the role of ICT diffusion in the finance-growth nexus theoretically informed via the supply-leading and demand-following theses. Motivated by cur-rent realities highlighting the significance of information and...
Persistent link: https://www.econbiz.de/10012308303