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The aim of this paper is to contribute to the debate on the structural change effects or labor reallocation effects on the regional disparity in productivity growth in India and the People's Republic of China (PRC). The paper uses secondary data at the state level in India and provinces in the...
Persistent link: https://www.econbiz.de/10011723699
India brought about by liberalization and globalization of the economy. Structural changes in terms of employment of labour … industrialized states. In the pre-globalization period the industries experienced increasing returns to scale. Globalization has … possibly given way to diminishing returns to scale. Along with a rise in industrial output, globalization has led to a decline …
Persistent link: https://www.econbiz.de/10014053753
This paper examines the impacts of globalization on small countries, covering the main features of globalization, the …: 1) globalization is a process of continuing integration of the countries of the world that is beneficial, inevitable and …
Persistent link: https://www.econbiz.de/10010296788
This inquiry was inspired by the quest to examine the interaction effects of economic globalization and governance on … the KOF institute. Based on the estimated results, the empirical findings indicate that changes in economic globalization …. Consequently, the interaction between economic globalization and governance had a positive and significant long-run effect on the …
Persistent link: https://www.econbiz.de/10014447246
nstitutions are not only created and built, but also, and especially, need to be learnt. It is a process which takes place in all economies, but acquires a special importance in less advanced countries. Not only theoretical arguments, but also the practical experience over the past 15 years...
Persistent link: https://www.econbiz.de/10010284550
the growth of GDP as well as human development index. The term globalization is becoming more and more meaningful as can … be seen from the interrelations of these variables. Also globalization has been seen to have effect on the contemporary …
Persistent link: https://www.econbiz.de/10009687635
The dynamic process of integration of national economies has a long history, with two distinct waves: one, from the middle of the 19th century until its interruption with outbreak of the First World War in 1913 till the end of the Second World War in 1945. The second wave is ongoing dating from...
Persistent link: https://www.econbiz.de/10013082540
The present study examines the relationship between openness (trade-GDP ratio) and growth. Our cross-country and panel regression analysis of World Bank data for 51 less-developed countries (LDCs) during shows that for only 11 rich and highly trade-dependent LDCs a higher real growth is...
Persistent link: https://www.econbiz.de/10012731301
The dynamic process of integration of national economies has a long history, with two distinct waves: one, from the middle of the 19th century until its interruption with outbreak of the First World War in 1913 till the end of the Second World War in 1945. The second wave is ongoing dating from...
Persistent link: https://www.econbiz.de/10013024717
economic opportunities from the enhanced market mechanism and globalization, rather than denying these irreversible processes …. The government should play active role in keeping tight a rein on the process of adaptation to the globalization, without … harmonization of social conflicts are major challenge to obtain autonomy. The globalization process will be more unbiased by letting …
Persistent link: https://www.econbiz.de/10010542242