Showing 1 - 10 of 2,751
Persistent link: https://www.econbiz.de/10013193334
This paper argues that institutional quality has both direct and indirect (moderating) effects on productivity of countries. These hypotheses are tested using a battery of institutional proxies (governance, economic freedom, intellectual property rights and ease of doing business) and two...
Persistent link: https://www.econbiz.de/10012973469
methods of measuring household welfare (and, accordingly, poverty and inequality) based on expenditures have not considered … aggregates. We use Georgia as a case study to compare these methods and assess impacts on poverty and inequality. The proportion … of remote work is low, only about 9%, meaning that the impact on overall inequality is negligible. However, considering …
Persistent link: https://www.econbiz.de/10014237363
Declining general trust has become a serious social issue in China in recent years. This paper attempts to understand and analyze this social phenomenon from a social interaction perspective. Based on a repeated prisoners ́dilemma game on networks, it finds that the evolution of general trust...
Persistent link: https://www.econbiz.de/10010513367
restructuring and trade liberalization, are integrated into both exogenous and endogenous growth models. This integration allows one …
Persistent link: https://www.econbiz.de/10011561364
Persistent link: https://www.econbiz.de/10010458196
Persistent link: https://www.econbiz.de/10013448188
This paper analyzes China's economic performance in the last 25 years and discusses its prospect for growth in the … future. China has enjoyed high annual GDP growth rates of about ten percent in the last 25 years. Exports and investment were … the two driving forces of the growth process. FDI plays an important role. However, property rights, a crucial element in …
Persistent link: https://www.econbiz.de/10010273126
China's rise has been the economic success story of the past four decades but economic growth has been slowing and … economic outlook and the potential impact of a transition to sustainable growth in China on the global and euro area economies …. The paper documents China's heavy reliance on investment and credit as drivers of growth, which has created …
Persistent link: https://www.econbiz.de/10012928882
This paper reexamines growth in transition using panel data to 1997. It suggests that output has been strongly affected … by export market growth; that inflation has been associated with weaker output only above a threshold inflation rate …; that structural reform has been associated with weaker output initially, but that it stimulates higher growth thereafter …
Persistent link: https://www.econbiz.de/10013212115