Showing 1 - 10 of 268,322
This paper studies China's four-fold increase in per capita GDP relative to the U.S. between 1995 and 2019. First, we … argue that China's growth pattern is very similar to that of several other East Asia economies that initially grew very … China's growth path and the growth paths of other East Asia economies at a similar stage of development. The growth paths of …
Persistent link: https://www.econbiz.de/10014293308
The article refers to the new Synthetic Efficiency Indicator for Economic Growth (SEI-EG) proposed in an earlier publication. Research from 2016-2018 in 11 EU countries revealed small nations were notably more effective at sustainable growth than their larger counterparts. This prompted the...
Persistent link: https://www.econbiz.de/10014444688
The pace of GDP growth in China has shifted from an average of 10 per cent between 1980 and 2010 to below 7 per cent … efficient, inclusive and sustainable economy. However, certain ideas about China's transition are problematic. This article … rebuts a particular notion that China needs to replace its investment-driven growth by consumption-driven growth. This notion …
Persistent link: https://www.econbiz.de/10012960805
The People's Republic of China's (PRC) remarkable growth performance over the last 3 decades has been associated to …
Persistent link: https://www.econbiz.de/10012892042
Can China build on its development success to achieve high-income status in the decades ahead? To shed light on this … question, we examine the past and prospective future sources of growth in China through the lens of the neoclassical growth … model. Our key finding is that China would need to sustain total factor productivity growth at the top end of the range …
Persistent link: https://www.econbiz.de/10013241400
The People's Republic of China's (PRC) remarkable growth performance over the last 3 decades has been associated to …
Persistent link: https://www.econbiz.de/10011896368
This paper studies China's four-fold increase in per capita GDP relative to the U.S. between 1995 and 2019. First, we … argue that China's growth pattern is very similar to that of several other East Asia economies that initially grew very … China's growth path and the growth paths of other East Asia economies at a similar stage of development. The growth paths of …
Persistent link: https://www.econbiz.de/10014322739
This paper studies China’s four-fold increase in per capita GDP relative to the U.S. between 1995 and 2019. First, we … argue that China’s growth pattern is very similar to that of several other East Asia economies that initially grew very … China’s growth path and the growth paths of other East Asia economies at a similar stage of development. The growth paths of …
Persistent link: https://www.econbiz.de/10014347723
This paper empirically revisits the augmented neoclassical growth model suggested by Mankiw, Romer and Weil (1992, MRW) to answer whether this model is still an appropriate benchmark specification for investigating the relationship between long run economic growth and any particular growth...
Persistent link: https://www.econbiz.de/10009157484
Economic development, which refers to the process of progressive transformation of an economy, is a multifaceted term without a universal definition. This article presents the constitutive elements of economic development, such as growth, distribution, and innovation. Economic development has...
Persistent link: https://www.econbiz.de/10012849707