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Can others learn from China's remarkable growth rate? We explore some indirect determinants of Chinas growth success including the degree of openness, institutional change and sectoral change, based on a cross-province dataset. Our methodology is the informal growth regression, which permits the...
Persistent link: https://www.econbiz.de/10008564994
We develop a sequential testing approach for a structural change in the parameters of an autoregression, which amounts to an adaptation of the monitoring procedure, outlined in Chu, Stichcombe and White (1996). This procedure has a controlled asymptotic size as one repeats the test. Our method...
Persistent link: https://www.econbiz.de/10010896476
Structural change indicates essentially a qualitative transformation and evolution of the economic systems, usually marked by technological progress and organizational changes. Technological factors, knowledge, institutions are all elements that contribute to the process of structural change....
Persistent link: https://www.econbiz.de/10010898023
Habit formation in sports game attendance is crucial for sports businesses. Teams with strong habitual attendance sell more tickets and can command higher ticket prices compared with teams without habitual attendance, assuming all other conditions are constant. However, previous empirical...
Persistent link: https://www.econbiz.de/10010900727
A simple theoretical framework is presented, enabling the assessment of the government’s role in industrial and regional labour reallocation that follow from large-scale restructuring in the labour market. The experiences of East Germany and Poland in this regard are then compared and...
Persistent link: https://www.econbiz.de/10010693144
The aim of this book is to contribute to the debate on the continuity/fracture of regional patterns of development and employment in old and new European Union (EU) regions. Several contributions in this book suggest that a factor common to all backward regions, often neglected in the...
Persistent link: https://www.econbiz.de/10010693170
This paper investigates the extent to which the patterns of regional unemployment in Poland since the early 1990s can be explained by regional imbalances in the supply and demand for skilled labour. Indeed, massive changes in the relative demand for skilled labour are found to have taken place...
Persistent link: https://www.econbiz.de/10010693172
The focus of this chapter is on the microeconomic foundations of structural change and its spatially asymmetric impact on labour markets. EU economies are undergoing dramatic industrial restructuring due to a number of causes, such as the Eastward enlargement and economic integration of Central...
Persistent link: https://www.econbiz.de/10010693181
This paper studies Canada international trade flows with its major trading partners. We examine bilateral trade flows between Canada and the US and we use panel cointegration methodology to estimate the import and export elasticities and we show that the Marshall-Lerner condition does hold. We...
Persistent link: https://www.econbiz.de/10010693480
This paper presents an essay on empirical testing procedure for economic convergence. Referring to the unit root test proposed by Moon and Perron (2004), we proposed a modified Evans (1996) testing procedure of the convergence hypothesis. The advantage of this modified procedure is that it makes...
Persistent link: https://www.econbiz.de/10010693651