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The purpose of economic reform is to reduce distortions and enhance efficiency. However, when reforms are partial and incremental, individuals and local governments are often able to capture the rent inherent in the gradual transition process. Warned that such rent-seeking behavior might lead to...
Persistent link: https://www.econbiz.de/10012755156
Incremental Reform and Distortions in China's Product and Factor Markets Xiaobo Zhang and Kong-Yam Tan The purpose of economic reform is to reduce distortions and enhance efficiency. This could happen, for example, if increased interregional competition as a result of fiscal decentralization led...
Persistent link: https://www.econbiz.de/10012561515
The purpose of economic reform is to reduce distortions and enhance efficiency. However, when reforms are partial and incremental, individuals and local governments are often able to capture the rent inherent in the gradual transition process. Young (2000) warned that such rent-seeking behavior...
Persistent link: https://www.econbiz.de/10005836987
As sex ratio imbalances have become a problem in an increasing number of countries, it is important to understand their consequences. With the defeat of the Kuomintang Party in China, more than one million soldiers and civilians, mainly young males, retreated to Taiwan in the late 1940s....
Persistent link: https://www.econbiz.de/10010850574
Rural non-farm development plays a key role in generating employment in many developing countries. Clustering is an important industrial organization in the rural non-farm sector. Based on primary surveys of both urban and rural handloom weaver clusters in Ethiopia which took place in May/June...
Persistent link: https://www.econbiz.de/10010933117
During the period of Nepal's ninth Five-Year Plan (1997–2002), agricultural growth in the predominantly rural society was disappointing. The recent peace process, however, gives the country new opportunities to develop its economy with less interference due to internal conflict. This research...
Persistent link: https://www.econbiz.de/10010542215
Although the role of industrial policy in economic development is a frequent topic of debate in both the literature and the political arena, most such discussions focus on industrial policymaking at the national level. Using a case study of a potato cluster in China, we show that industrial...
Persistent link: https://www.econbiz.de/10009291933
It has been widely documented that the poor spend a significant proportion of their income on gifts even at the expense of basic consumption. We test three competing explanations of this phenomenon—peer effect, status concern, and risk pooling—based on a census-type primary household survey...
Persistent link: https://www.econbiz.de/10009395603
Rural nonfarm development plays a key role in generating employment in many developing countries. Clustering is an important form of industrial organization in the rural nonfarm sector. Based on a primary survey of both urban and rural handloom weaver clusters in Ethiopia, one of the country’s...
Persistent link: https://www.econbiz.de/10008505320
In the past several years, labor shortages in China have become an issue. However, there is heated debate as to whether China has passed the Lewis turning point and moved from a period of unlimited supply to a new era of labor shortage. Most empirical studies on this topic focus on estimation of...
Persistent link: https://www.econbiz.de/10008505337