The accurate partitioning of crop evapotranspiration (ETc) into two components, soil evaporation (Es) and transpiration (Tr), is needed to better understand terrestrial hydrological cycles and develop precise irrigation scheduling. However, there is no easy way to distinguish between the two....

The article investigates the determinants of consumer price inflation in China. While inflation has been entirely driven by international factors, such as food and energy prices, in the period preceeding the financial crisis, domestic drivers like monetary developments and nominal wages have...

This paper investigates the rise and fall of the IV method in macro-econometric models and its subsequent revival in micro-econometric models. The key findings are: (i) the IV method implicitly breaks the contemporaneously circular causality postulated in a simultaneousequation model (SEM) by...

The Chinese growth miracle was based on exports and investment in recent years. While strong output growth has been maintained even during the financial crisis, the imbalances within the country increased. To return to a more sustainable path of development, policies are directed to improve the...

In China zeichnet sich eine fundamentale Neuausrichtung des wirtschaftlichen Wachstumsmodells ab. Während die Produktion in den vergangenen Jahrzehnten vor allem aufgrund der hohen Investitionen und zunehmenden Exporte gestiegen ist, soll künftig der private Konsum einen höheren Anteil zum...

Faster urbanization plays a key role in the Chinese economic transformation. However, at the Lewis turning point, the hukou institution constitutes a serious risk to the process, as it restricts the access of migrants to public services offered by cities. To attract further migration, firms...

Mit der wirtschaftlichen Integration Chinas in die Weltwirtschaft entsteht ein neues Wachstumszentrum, das die globale Konjunktur maßgeblich beeinflussen kann. So könnten starke Produktionszuwächse in China dazu beitragen, eine schwächelnde Konjunktur in den Industrieländern zu stützen. In...