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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
Korea's experience implies that the People's Republic of China's potential growth rates are likely to slow in the coming … People's Republic of China needs to upgrade its institutional quality and improve productivity, particularly in its services …
Persistent link: https://www.econbiz.de/10011471510
We estimate the People's Republic of China's (PRC's potential growth rate in 2012 at 8.7% and at 9.2% for the average …
Persistent link: https://www.econbiz.de/10010463576
This study explores China's economic growth performance and prospects in global and Asian comparative perspectives …. Using a general framework of cross-country analysis, the study identifies and discusses major factors underlying China … industry-level data to assess structural changes and sectoral growth in the Chinese economy. China's low initial per capita …
Persistent link: https://www.econbiz.de/10012991388
Korea's experience implies that the People's Republic of China's potential growth rates are likely to slow in the coming … People's Republic of China needs to upgrade its institutional quality and improve productivity, particularly in its services …
Persistent link: https://www.econbiz.de/10012992256
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 …
Persistent link: https://www.econbiz.de/10013296140
We document a process of rapid tertiarization of the Chinese economy since 2005. The employment and value-added shares of the service sector have increased significantly. Moreover, total factor productivity growth has increased faster in the service sector than in the manufacturing sector....
Persistent link: https://www.econbiz.de/10013334489
This paper analyzes macroeconomic growth of the economies in Southeast Asia since the end of the Second World War. It argues that there appears a convergence in development strategy among the economies in this region in recent decades. With few exceptions, every economy in Southeast Asia has...
Persistent link: https://www.econbiz.de/10012893523
Persistent link: https://www.econbiz.de/10013369345
We expand the standard balance-of-payments-constrained (BOPC) growth rate model in three directions. First, we take into account the separate contributions of exports in goods, exports in services, overseas remittances, and foreign direct investment (FDI) inflows. Second, we use state-space...
Persistent link: https://www.econbiz.de/10014480233