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Finance and growth in a bank-based economy: is it quantity or quality that matters?
Koetter, Michael; Wedow, Michael - 2006
With this paper we seek to contribute to the literature on the relation between finance and growth. We argue that most studies in the field fail to measure the quality of financial intermediation but rather resort to using proxies on the size of financial systems. Moreover, cross-country...
Persistent link: https://www.econbiz.de/10010295910
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Human capital, economic growth, and regional inequality in China
Fleisher, Belton M.; Li, Haizheng; Zhao, Min Qiang - 2008
We study the dispersion in rates of provincial economic- and TFP growth in China. Our results show that regional growth … regional gaps in China as well as an efficient means to promote economic growth. …
Persistent link: https://www.econbiz.de/10010268707
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Human capital, economic growth, and regional inequality in China
Fleisher, Belton M.; Li, Haizheng - 2007
We study the dispersion in rates of provincial economic- and TFP growth in China. Our results show that regional growth … regional gaps in China as well as an efficient means to promote economic growth. …
Persistent link: https://www.econbiz.de/10010273849
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Foreign and domestic takeovers in Germany: Cherry-picking and lemon-grabbing
Weche-Gelübcke, John P. - 2012
This study focuses on ex ante performance of domestic and foreign takeover targets in Germany, one of the most important FDI inflow destinations worldwide. Using a new database from German official statistics, unconditional comparisons as well as binary response model estimations of takeover...
Persistent link: https://www.econbiz.de/10010294465
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Age and gender composition of the workforce, productivity and profits: Evidence from a new type of data for German enterprises
Pfeifer, Christian; Wagner, Joachim - 2012
This empirical paper documents the relationship between composition of a firm's workforce (with a special focus on age and gender) and its performance (productivity and profitability) for a large representative sample of enterprises from manufacturing industries in Germany. We use unique newly...
Persistent link: https://www.econbiz.de/10010282402
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Does corporate governance reform necessarily boost firm performance? Recent evidence from Russia
Kuznecovs, Mihails; Pal, Sarmistha - 2012
This paper examines whether the introduction of corporate governance (CG) reforms in general and that of transparency and disclosure (T&D) rules in particular can necessarily boost firm performance. Existing literature suggests that CG reforms can boost performance because it can resolve the...
Persistent link: https://www.econbiz.de/10010282468
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Rising wages: Has China lost its global labor advantage?
Yang, Dennis Tao; Chen, Vivian; Monarch, Ryan - 2010
We document dramatic rising wages in China for the period 1978-2007 based on multiple sources of aggregate statistics …-intensive and labor-intensive industries have widened. Comparisons of international data show that China's manufacturing wage has … already converged to that of Asian emerging markets, but China still enjoys enormous labor cost advantages over its …
Persistent link: https://www.econbiz.de/10010269786
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Langfristige demographische Herausforderungen in den BRICS-Ländern
Ragnitz, Joachim - In: ifo Dresden berichtet 20 (2013) 1, pp. 24-31
, China und Südafrika) und die daraus resultierenden ökonomischen Implikationen. In der Vergangenheit zählten die meisten …
Persistent link: https://www.econbiz.de/10011733336
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Weltkonjunktur im Herbst 2015 - Schwäche in den Schwellenländern bremst Weltkonjunktur
Gern, Klaus-Jürgen; Hauber, Philipp; Jannsen, Nils; … - 2015
Die weltwirtschaftliche Dynamik bleibt vorerst mäßig. Dabei verlagern sich die Auftriebskräfte weiter von den Schwellenländern zu den fortgeschrittenen Volkswirtschaften. Die Zunahme der Weltproduktion, gerechnet auf Basis von Kaufkraftparitäten, wird in diesem Jahr mit einer Rate von 3,3...
Persistent link: https://www.econbiz.de/10012143224
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Weltkonjunktur im Sommer 2016 - Wieder etwas stärkere Expansion der Weltwirtschaft
Boysen-Hogrefe, Jens; Gern, Klaus-Jürgen; Hauber, Philipp - 2016
Die Weltwirtschaft hat sich im Frühjahr gefangen. Allerdings ist die zugrunde liegende Dynamik weiterhin gering. Für den weiteren Verlauf dieses und des nächsten Jahres ist zwar mit etwas höheren Expansionsraten zu rechnen, ein kräftiger Konjunkturaufschwung ist aber weiterhin nicht in...
Persistent link: https://www.econbiz.de/10012143234