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The Institutional Foundations of China’s Reforms and Development

Xu, Cheng-Gang - C.E.P.R. Discussion Papers - 2010

China’s economic reforms have resulted in spectacular growth and poverty reduction. However, China’s institutions look … ill-suited to achieve such a result, and they indeed suffer from serious shortcomings. To solve "China puzzle" this paper … analyses China’s institution - a regionally decentralized authoritarian system. The central government has control over …

Persistent link: https://www.econbiz.de/10008468688

Rebalancing Growth in China: A Three-Handed Approach

Blanchard, Olivier J; Giavazzi, Francesco - C.E.P.R. Discussion Papers - 2006

Our paper is an attempt to define the contours of the right macroeconomic strategy for China. In a nutshell, we believe …

Persistent link: https://www.econbiz.de/10005114183

Delegation in International Monetary Policy Games

Dolado, Juan J.; Griffiths, Mark; Padilla, Atilano Jorge - C.E.P.R. Discussion Papers - 1993

In this paper we show that the delegation of monetary policy to an independent and more conservative central banker is an optimal policy in an international context with monetary spillovers between countries, even in the absence of time inconsistency (credibility) issues. We also study the...

Persistent link: https://www.econbiz.de/10005114375

Economic Geography and International Inequality

Redding, Stephen J.; Venables, Anthony J - C.E.P.R. Discussion Papers - 2000

This paper estimates a structural model of economic geography using cross-country data on per capita income, bilateral trade, and the relative price of manufacturing goods. More than 70% of the variation in per capita income can be explained by the geography of access to markets and to sources...

Persistent link: https://www.econbiz.de/10005504220

The Output Cost of Gender Discrimination: A Model-Based Macroeconomic Estimate

Cavalcanti, Tiago; Tavares, José - C.E.P.R. Discussion Papers - 2007

Gender-based discrimination is a pervasive and costly phenomenon. To a greater or lesser extent, all economies present a gender wage gap, associated with lower female labour force participation rates and higher fertility. This paper presents a growth model where saving, fertility and labour...

Persistent link: https://www.econbiz.de/10005504328

Property Crime with Private Protection: A Market-for-Offenses Approach

Hotte, Louis; Valognes, Fabrice; van Ypersele, Tanguy - C.E.P.R. Discussion Papers - 2003

We propose a market-for-offenses model of property crime, which explicitly accounts for protection expenditures among heterogeneous individuals. The crime equilibrium is modeled as a free-access equilibrium in which the match between criminals and victims equates the average returns to crime. We...

Persistent link: https://www.econbiz.de/10005504660

Developing Country Agriculture and the New Trade Agenda

Anderson, Kym; Hoekman, Bernard - C.E.P.R. Discussion Papers - 1999

A new round of WTO negotiations on agriculture, services and perhaps some other issues is expected to be launched in late 1999. To what extent should those negotiations include so-called "new trade agenda" items aimed at ensuring that domestic regulatory policies do not discriminate against...

Persistent link: https://www.econbiz.de/10005504672

Industrial Employment, Investment Equipment and Economic Growth

Dellas, Harris - C.E.P.R. Discussion Papers - 2000

The industrialization of labour is the main engine of growth during the early stages of economic development. In less developed countries, equipment investment has played a less important role than non-equipment investment; and it has only proved growth enhancing when it either encountered a...

Persistent link: https://www.econbiz.de/10005497886

Developing Countries and the Uruguay Round Negotiations on Services

Hoekman, Bernard - C.E.P.R. Discussion Papers - 1993

In the late 1980s many developing countries experienced something of a paradigm shift, in that governments began to pursue more market oriented domestic policies. There was increasingly a perception that liberalizing access to service markets was a potentially low cost and effective method of...

Persistent link: https://www.econbiz.de/10005498058

Pollution and Growth: What Do We Know?

Grossman, Gene - C.E.P.R. Discussion Papers - 1993

This paper reviews the empirical evidence on the relationship between economic output and various dimensions of air and water quality. Pollution may rise with growth, because an increased scale of economic activity means more emissions, ceteris paribus. Economic growth may be associated with a...

Persistent link: https://www.econbiz.de/10005498085