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education, and institutional quality accounts for virtually all of the variation in the growth performance in the region, even …The controversy over the appropriate partitioning of East Asian growth into accumulation versus technical change has … Asian countries according to their growth performance. A parsimonious specification containing only initial income, initial …
Persistent link: https://www.econbiz.de/10005124261
China, using a more recent provincial dataset and more sophisticated panel data estimation techniques than previous studies … the financial system. Estimation results show that the financial depth of a region has a significantly positive effect on …
Persistent link: https://www.econbiz.de/10010275701
economic growth in China. By comparing the trends in total factor productivity growth of industrialized economies (i.e. OECD … regression analysis show that manufacturing growth leads to an increase of total factor productivity in the short-run in China … increase of total factor productivity in the short-run and total output growth in the long-run. The findings suggest that …
Persistent link: https://www.econbiz.de/10013296140
China, using a more recent provincial dataset and more sophisticated panel data estimation techniques than previous studies … the financial system. Estimation results show that the financial depth of a region has a significantly positive effect on … would otherwise impede regional innovation performance. -- Regional financial system ; FDI ; innovation ; patent ; regional …
Persistent link: https://www.econbiz.de/10008821680
technological linkages between them. Patent citations are also more frequent when the citing region belongs to the same linguistic …This paper addresses the pattern of knowledge flows as indicated by patent citations between European regions. Our … findings support the hypothesis that there are important barriers to knowledge flows in Europe. Patent citations occur more …
Persistent link: https://www.econbiz.de/10014091453
investment and infrastructures have played a significant role in accounting for long-run growth in China. However, I do not find …There is agreement in the literature on economic growth concerning the transitory effects of capital accumulation on … accumulation. Only in this case should expect long-run effects of capital accumulation on economic growth. Inspired by this idea, I …
Persistent link: https://www.econbiz.de/10011015258
We estimate the contribution of FDI to the efficiency and productivity growth in a cross-region regression framework …, utilising China¡¯s provincial data from 1984 to 1997. We find a bidirectional causal linkage between FDI and productivity growth …. China¡¯s economic growth is found largely due to the rapid expansion of investment in fixed assets. Human capital …
Persistent link: https://www.econbiz.de/10009351220
China’s unorthodox approach to economic transition has resulted in sustained high growth. However, in recent years … Chinese economists have increasingly referred to the growth pattern as “extensive”, generated mainly through the expansion of …-time level effects on TFP. China now needs to adjust its reform program towards sustained increases in productivity. Market and …
Persistent link: https://www.econbiz.de/10005651740
facilitated industrialization and rapid growth in China. However, as we know that there could be other factors influencing …In this paper, we analyze the role played by imports and investment on labor productivity and output in China from 1964 … of their causality. In addition, we investigate the role played by the exchange rate on growth and discuss some policy …
Persistent link: https://www.econbiz.de/10010573381
Korea's experience implies that the People's Republic of China's potential growth rates are likely to slow in the coming …This study investigates the economic growth and catch-up of the Republic of Korea over the past half-century. The gap …'s lower per capita income, relative to its potential level, has led to higher growth, confirming the prediction of a …
Persistent link: https://www.econbiz.de/10011471510