Murach, Michael; Wagner, Helmut; Kim, Jungsuk; Park, … - 2018 - (This version, October 2018)
We analyze and compare the pattern of economic growth and development of China and South Korea in the postwar period … potentially valuable lessons for China. The Asian giant moved from low income to middle income very quickly but now faces the … challenge of graduating to high income. In this paper, we empirically assess the main drivers of economic growth in China and …
