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US, Switzerland, Japan and China, where possible. In the first part of the paper, we examine the evolution of the concept …
Persistent link: https://www.econbiz.de/10010431697
The People's Republic of China (PRC) has been undergoing marvelous industrialization and manufacturing development in … productivity of manufacturing, when they were in and out of the middle-income stages. We find that (1) the share of manufacturing …, the drastic improvement in the productivity of manufacturing by industrial restructuring is also prominent. The PRC is …
Persistent link: https://www.econbiz.de/10011667026
This paper examines recent technological developments and how they could impact efforts by policymakers and political leaders in developing countries to harness trade and investment liberalization to achieve economic development outcomes.It begins by discussing some of the proven elements to...
Persistent link: https://www.econbiz.de/10013290749
This paper examines recent technological developments and how they could impact efforts by policymakers and political leaders in developing countries to harness trade and investment liberalization to achieve economic development outcomes. It begins by discussing some of the proven elements to...
Persistent link: https://www.econbiz.de/10012240977
In this study, the prevalent methodology for design of the industrial policy in developing countries was critically assessed, and it was shown that the mechanism and content of classical method is fundamentally contradictory to the goals and components of the endogenous growth theories. This...
Persistent link: https://www.econbiz.de/10012057102
, with the initiation of the 'Strategic Emerging Industries' program. China's state-dominated banking system is seen as … corporate sector and GDP growth in China, (2) this relationship is non-linear in terms of Chinese regions and credit …
Persistent link: https://www.econbiz.de/10014327490
transition from the import-substitution industrialization strategy to the outward-oriented neoliberal model of high inequality, a …
Persistent link: https://www.econbiz.de/10012161611
We set up an endogenous growth model in which the efficiency of both capital and fossil energy can be improved, whereas the efficiency of one alternative energy source is limited. With capital and energy as complements, there exist two steady states: one stagnant where energy is fully derived...
Persistent link: https://www.econbiz.de/10010529424
The process of economic reforms launched in 1978, and gradually extended until current days, has catapulted China into … development of China's industrial policy, in particular, the establishment of Special Economic Zones (SEZ), a salient economic … productivity and human capital investments. Using light intensity as an alternative measure for economic activity confirms the …
Persistent link: https://www.econbiz.de/10013071566