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This paper evaluates explanations for China's growth slowdown. The natural tendency for rapidly growing economies to slow down is a major factor, along with problems bequeathed by unbalanced growth, including a declining ICOR, slowing total factor productivity growth, and rising indebtedness. A...
Persistent link: https://www.econbiz.de/10014496702
The shift of labour out of the agricultural sector and into the manufacturing and services sectors seems to be an important factor in explaining why some countries are so much richer than others. Therefore, understanding not only the driving mechanisms and forces behind the process of structural...
Persistent link: https://www.econbiz.de/10012307242
The link between human capital and economic growth still remains unexplained because of the measurement issues connected to the human capital stock. This study investigates the link between human capital stock and economic growth using inclusive wealth index and ratio of engage d to actively...
Persistent link: https://www.econbiz.de/10011845661
Optimal growth requires pro-growth institutions and culture. In an optimal growth pattern, institutions and culture facilitate entrepreneurship and innovation. In contrast, if the development and coevolution of institutions and culture are distorted, growth can become permanently stagnant, with...
Persistent link: https://www.econbiz.de/10011847076
For developing countries with advanced societies and growing economies, it is essential to accurately assess the technological innovation effect of capital goods imports on regional development quality. This study explores the path of high-quality urban development from the perspective of...
Persistent link: https://www.econbiz.de/10014506502
An in-depth understanding of the relationship between innovation factor allocation, the institutional environment, and high-quality economic development can help us better comprehend how better productivity promotes high-quality, regionally coordinate, and balanced economic development. Using...
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