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ID: 092430

Is the Chinese economy moving in the direction of tertiarizatio / Cheng, Dazhong; Blanchard, Jean-Marc

Cheng, Dazhong	Journal Article
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2009.

Summary/Abstract

Drawing upon output, employment, consumption and trade data, this article examines whether there is an economic tertiarization trend in China 's economy and evaluates the common factors driving current trends. It shows that the tertiarization trend is evident for the overall economy and most regions in terms of the service nominal value-added ratio and service employment and consumption. However, the tertiarization trend is not significant in terms of the service real value-added ratio, and there is even some concurrent "detertiarization" because of the decreasing proportion of services in imports and exports. Indeed, China's tertiarization trend is far behind its industrialization trend. The rise in the relative prices of services explains the rising proportion of household service consumption expenditure and further illuminates why the service real value-added ratio has not grown. The main cause for the growing percentage of service employment is the lag in service labor productivity growth in interaction with the price inelasticity of service demand. "Cost disease" has appeared in service consumption.

Key Words

China ; Chinese Economy ; Service Sector ; Tertiarization

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ID: 120876

Tertiarization, industrial adjustment, and the domestic politic / Kleibl, Johannes

Kleibl, Johannes	Journal Article
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Publication

2013.

Summary/Abstract

This paper explains the varying degrees to which commercial interests or recipients' development needs shape donor governments' foreign aid allocation decisions. I argue that domestic interest group politics is a major driver of the heterogeneity in donors' aid allocation policies. As proxy measures of donor governments' dependence on the political support of industrial producer lobbies and their susceptibility to the demands of development interest groups, I exploit variation in the level of tertiarization and in the intensity of industrial restructuring processes across donor countries and over time. While higher levels of tertiarization increase donor governments' relative responsiveness to the aid allocation demands of development interest groups, intense periods of industrial adjustment provide incentives for governments to allocate aid in line with the preferences of their industrial producer constituencies. Statistical analyses of a dyadic panel data set of 21 OECD donor and 124 developing recipient countries for the period from 1980 to 2001 support the theoretical predictions.

Key Words

OECD ; Foreign Aid ; Tertiarization ; Aid Allocation Policies ; Domestic Interest Group Politics ; Industrial Adjustment ;
Domestic Politics of Foreign Aid

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