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, China and India. It begins with a clarification of the meaning of industrial policy, since not only does the term mean … past experience with variants of industrial policies. The similarities of the "China model" to past East Asian experience …
Persistent link: https://www.econbiz.de/10010195684
We analyze and compare the patterns of economic growth and development in China, Korea, and Japan in the post … offer potentially valuable lessons for China. China is following a structural change that Korea and Japan underwent decades … for China and Korea than for Japan. Our hypothesis tests show that the estimated Cobb-Douglas production functions display …
Persistent link: https://www.econbiz.de/10012206280
values in China and Taiwan. Mainland China and Taiwan had been under the rule of the Qing dynasty and shared the same culture … distance between imperial occupiers and the regions of mainland China and Taiwan. We show that due to the cultural proximity of …, mainland China was intruded mainly by Western empires from 1842 to the early twentieth century and thus experienced a different …
Persistent link: https://www.econbiz.de/10012967548
China. The BRICs show many common features, such as big land size, large population, fast economic growth etc., but …-led, supported by exports; and China's economic development is driven by manufacturing exports and investment. Finally, we explore …
Persistent link: https://www.econbiz.de/10008502486
While the traditional approach to the adjustment of international imbalances assumes industrialized countries at a similar level of development and with similar production structures, such imbalances have historically been the result of a process of catching up by late-industrializing developing...
Persistent link: https://www.econbiz.de/10010266490
, with the initiation of the 'Strategic Emerging Industries' program. China's state-dominated banking system is seen as … corporate sector and GDP growth in China, (2) this relationship is non-linear in terms of Chinese regions and credit …
Persistent link: https://www.econbiz.de/10014329440
institutional development. In late 19th-century China, elites were afraid of the introduction of Western science and engineering and …, China lacked skills useful in modern industry. Finally, we present a variety of other contemporary and historical …
Persistent link: https://www.econbiz.de/10009490201
China is well-placed to avoid the so-called “middle-income trap” and to continue to converge towards the more advanced …
Persistent link: https://www.econbiz.de/10010231008
This paper explores macroeconomic policies that can sustain structural change in China and India. A two-sector open … economic activity is calibrated to a 2000 SAM for China and a 1999/2000 SAM for India. Short-run analysis concerns temporary … change ; endogenous productivity ; dual economy ; China ; India …
Persistent link: https://www.econbiz.de/10008937618
Reconciling the two dominant development models of the Washington Consensus (WC) and Beijing Model (BM) remains a critical challenge in the literature. The challenge is even more demanding when emerging development paradigms like the Liberal Institutional Pluralism (LIP) and New Structural...
Persistent link: https://www.econbiz.de/10011409248