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| 1 |
ID:
099774
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2010,
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| Summary/Abstract |
Based on data of 31 Chinese provinces over the period 1980-2004, the study in this paper presents new evidence on the effects of structural shocks and structural transformation on growth and convergence among the Chinese regions. The division of overall regional growth in labour productivity into three components - growth due to structural shocks, growth due to structural transformation and a 'residual' indicating growth due to region-specific changes - provides us with a better framework than the traditional one-sector Solow growth model for attributing growth and convergence to various different sources. Among other findings, the study has shown that during 1990-1999, structural shocks worked to widen the gap between rich regions and poor regions in China, while structural transformation worked to narrow the gap.
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| 2 |
ID:
099773
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| Summary/Abstract |
Based on data of 31 Chinese provinces over the period 1980-2004, the study in this paper presents new evidence on the effects of structural shocks and structural transformation on growth and convergence among the Chinese regions. The division of overall regional growth in labour productivity into three components - growth due to structural shocks, growth due to structural transformation and a 'residual' indicating growth due to region-specific changes - provides us with a better framework than the traditional one-sector Solow growth model for attributing growth and convergence to various different sources. Among other findings, the study has shown that during 1990-1999, structural shocks worked to widen the gap between rich regions and poor regions in China, while structural transformation worked to narrow the gap.
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| 3 |
ID:
099775
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2010.
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| Summary/Abstract |
Empirical evidence suggests that China has benefited from foreign direct investment (FDI). An important question that remains unanswered is whether China has benefited more from FDI than other countries in general, and other transition and developing countries in particular. This paper investigates this issue by performing a meta-analysis on a sample of 67 country-specific studies yielding 137 observations that have gauged the link between FDI and measures of economic growth. The results suggest that the impact of FDI is, on average, more positively significant for China than for the full sample of countries, but that the difference between China and other transition economies is less clear.
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| 4 |
ID:
099777
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| 5 |
ID:
099778
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2010.
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This paper studies the impact of taxation on poverty and ex ante vulnerability of households in rural China based on national household survey data in 1988, 1995 and 2002. It has been confirmed that (i) poverty and vulnerability have reduced significantly with a great deal of geographical disparity; (ii) education, land, and access to infrastructure and irrigation facilities are the key factors to reduce vulnerability; and (iii) the highly regressive tax system increased farmers' poverty and vulnerability. The abolishment of rural tax since 2006 would thus have a significant negative impact on both poverty and vulnerability of rural households.
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| 6 |
ID:
099776
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China and Mexico embarked, around the early 1980s, on the process of liberalization of trade and FDI and established some export oriented industries through assembly operations with the help of FDI. Both countries had the same objective of increasing value added in export processing industries. The authors examine the comparative achievements of their common objectives in the light of the export oriented strategy hypothesis. Applying the indicators of Revealed Comparative Advantage to exports and imports, the authors show that while there are some similarities in the performance of the two countries, there are also striking differences. Both have managed to increase manufactured exports, particularly in IT products, significantly during 1990s. Both, but particularly China, have developed comparative advantage in export and production of many industries, which had been initiated through import substitution. However, Mexico has achieved little, compared with China, in increasing value added in exports and in developing comparative advantage in production in assembly operations. Further, unlike China, since the early years of the 2010 decade it has not been able to sustain its rapid export growth.
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| 7 |
ID:
099779
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2010.
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| Summary/Abstract |
This paper investigates a contemporary issue of Macau concerning the impact of casinos on other sectors' employment. The long-run and short-run effects are investigated using data-oriented econometric models. In the long-run, the casino boom leads to an employment expansion in other sectors. However, the effect is insignificant in the short-run. Simulations from a theoretical model disclose the pure crowding-out effect of the increased casino employment on other sectors with other things the same as the situation of 2003. During the period 2004-2008, the crowding-out effect is more serious on the non-casino service sector than on the industrial sector. Results from both types of models shed light on policy options
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