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One of the greatest challenges China faces is how to reshape its heavily investment-driven mode of economic growth. By …
Persistent link: https://www.econbiz.de/10009226815
One of the greatest challenges China faces is how to reshape its heavily investment-driven mode of economic growth. By …
Persistent link: https://www.econbiz.de/10010894493
This paper attempts to examine, compare and forecast the per capita GDP of India, the USA, China, and Japan for a … ARIMA approach. The ARIMA equation varies for each country chosen. The notation for China is ARIMA (2,2,0), for India it is … the US & Japan. In the case of China, the catching-up effect takes place after 1989, as after that the GDP growth rate of …
Persistent link: https://www.econbiz.de/10013216161
The paper argues that Thailand's economic and social development from the late 19th century to the early 21st century presents a puzzle. For much of the period from 1870 to 1940, the country's economic growth was slow, and the economy remained agricultural, with little diversification into...
Persistent link: https://www.econbiz.de/10011447970
This articles emphasizes the important role of human capital, manufacturing and imports to increase real income per inhabitant and non-agrarian employment. Some researchers specialized in economic growth analyse the export-led growth in many countries and insist upon the importance of openness...
Persistent link: https://www.econbiz.de/10014215662
I use a dynamic Solow growth model, augmented with human capital, labor-hours, and oil prices, to show that Japan’s growth in GDP/adult over 1969-2007 can be explained as a process of convergence to a world steady-state rate of 1%/year. I find that each additional year of average schooling...
Persistent link: https://www.econbiz.de/10014198355
Persistent link: https://www.econbiz.de/10011503359
Persistent link: https://www.econbiz.de/10013166765
We study sectoral productivity convergence through the input-output structure of the economy and its network representation. In particular, we study 106 production sectors in Japan over the 2003-2012 period and identify highly interconnected groups of sectors using community detection...
Persistent link: https://www.econbiz.de/10012824944
Since the early 1990s, there have been larger and increasing labor productivity differences across industries in Japan. More specifically, a clear pattern of sigma and beta divergence across industries is observed. To shed light on these stylized facts, we first evaluate the input-output...
Persistent link: https://www.econbiz.de/10012021619