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This paper analyzes the distribution of real household incomes and consumption growth in Azerbaijan between 2004 and 2009. Decile-specific price deflators were used to calculate real incomes and consumption dynamics. The analysis, which was based on growth incidence curves, showed that economic...
Persistent link: https://www.econbiz.de/10011430859
Endogenous growth theory assigns an important role for entrepreneurship in the process of economic development. This paper sets to formally test the impact of entrepreneurship on economic growth. Entrepreneurship is represented by a number of proxy variables, whereas Total Factor Productivity is...
Persistent link: https://www.econbiz.de/10011430860
Europe trails the global frontier of productivity growth and the region's trend is sluggish. Much prospective economic growth for Europe is likely to come from AI and its adoption by European firms which is projected to shoot up the productivity trend. For such AI-generated growth to work, high...
Persistent link: https://www.econbiz.de/10014560197
In this paper we provide an overview of the growth model in China and its prospects, taking a medium-run to long …-run perspective. Our main conclusions are as follows. First, the still prevailing producer-biased model of managed capitalism in China …-)escalate once global and domestic economic conditions normalise. Third, the fundamental factors underpinning growth in China are …
Persistent link: https://www.econbiz.de/10011606294
China's rise has been the economic success story of the past four decades but economic growth has been slowing and … domestic imbalances have widened. This paper analyses the recent evolution of China's imbalances, the risks they pose to the … economic outlook and the potential impact of a transition to sustainable growth in China on the global and euro area economies …
Persistent link: https://www.econbiz.de/10011804709
This is the third report in ODI’s Economic Pulse series. Pulse 3 explores China’s international economic response as it … recovers, reforms, and restructures its economy amidst an uncertain global recovery. This is as China moves on from more …-term planning. Among its highlights, the report takes a closer look at trade developments between China and the BRI 140, services …
Persistent link: https://www.econbiz.de/10012990545
This is the first report in ODI’s Economic Pulse series. It explores China’s international economic response to Covid … economic and political landscape. Our review of China’s economic response has an international focus due to the nature of the …
Persistent link: https://www.econbiz.de/10012990555
This is the second report in ODI’s Economic Pulse series. Pulse 2 explores China’s international economic response as … the world adapts to Covid-19. The report analyses China’s international engagements, especially in developing countries …, against the backdrop of its own recovery and a still difficult external trade environment. China will have to navigate its …
Persistent link: https://www.econbiz.de/10012990556
China's real estate and construction sector has served as a major engine of economic growth in recent decades and the … the current conditions in China's real estate and construction sector and how a possible sectoral crisis could spread to … to be minor, China's real estate sector problems could spill over widely into the domestic real economy and thereby …
Persistent link: https://www.econbiz.de/10013168658
Persistent link: https://www.econbiz.de/10014435482