Similar Search Results

Convergence in Growth Rates: The Role of Capital Mobility and International Taxation

Razin, Assaf; Yuen, Chi-Wa - C.E.P.R. Discussion Papers - 1993

We consider the role of capital mobility and international taxation in explaining the observed diversity in long-term income growth rates. Under perfect capital mobility, international differences in taxes will not matter for total growth differentials. Policy differences have a role to play in...

Persistent link: https://www.econbiz.de/10005067595

Convergence in Growth Rates: A Quantitative Assessment of the Role of Capital Mobility and International Taxation

Razin, Assaf; Yuen, Chi-Wa - C.E.P.R. Discussion Papers - 1993

We provide an exploratory quantitive analysis of the role of capital mobility and international taxation in explaining the observed cross-country diversity in the long-run rates of growth of per capita and total incomes as well as the population growth rates. Corroborative evidence is found for...

Persistent link: https://www.econbiz.de/10005656281

Sharing High Growth Across Generations: Pensions and Demographic Transition in China

Song, Zheng Michael; Storesletten, Kjetil; Wang, Yikai; … - C.E.P.R. Discussion Papers - 2012

Intergenerational inequality and old-age poverty are salient issues in contemporary China. China's aging population …

Persistent link: https://www.econbiz.de/10011083803

Economic Reforms and Industrial Policy in a Panel of Chinese Cities

Alder, Simon; Shao, Lin; Zilibotti, Fabrizio - C.E.P.R. Discussion Papers - 2013

We estimate the effect on economic development of China's industrial policy, in particular, the establishment of …

Persistent link: https://www.econbiz.de/10011084232

Growing like China

Song, Zheng Michael; Storesletten, Kjetil; Zilibotti, … - C.E.P.R. Discussion Papers - 2009

This paper constructs a growth model that is consistent with salient features of the Chinese growth experience since 1992: high output growth, sustained returns on capital investments, extensive reallocation within the manufacturing sector, falling labor share and accumulation of a large foreign...

Persistent link: https://www.econbiz.de/10005123794

Understanding Money Demand in the Transition from a Centrally Planned to a Market Economy

Delatte, Anne-Laure; Fouquau, Julien; Holz, Carsten - C.E.P.R. Discussion Papers - 2013

formidable challenge to monetary policy decision makers. For the case of China, we examine the institutional changes in the … consideration the changes in the institutional characteristics of China's financial system. Using a newly compiled dataset that …

Persistent link: https://www.econbiz.de/10011083869

Pitfalls of a State-Dominated Financial System: The Case of China

Boyreau-Debray, Genevieve; Wei, Shang-Jin - C.E.P.R. Discussion Papers - 2004

This Paper examines pitfalls of a state-dominated financial system in the context of China. These include possible … confirm a similar (and somewhat surprising) picture: capital mobility within China is low! Furthermore, the degree of internal …

Persistent link: https://www.econbiz.de/10005661718

Fifty Years of Regional Inequality in China: A Journey through Revolution, Reform and Openness

Kanbur, Ravi; Zhang, Xiaobo - C.E.P.R. Discussion Papers - 2001

This Paper constructs and analyses a long run time series for regional inequality in China from the Communist … integration in the late 1990s. Regional inequality in China in 1999 exceeds the level experienced at its peak in the Cultural … in growth and poverty reduction. As China enters the WTO, pro-active measures encouraging liberalisation and investment …

Persistent link: https://www.econbiz.de/10005661875

Assessing China’s Exchange Rate Regime

Frankel, Jeffrey A; Wei, Shang-Jin - C.E.P.R. Discussion Papers - 2007

China and its other trading partners manipulate their exchange rates, and (b) the nature of the Chinese exchange rate regime … bilateral deficit, though other variables also turn out to be quite important. On the issue of China's de facto exchange rate …

Persistent link: https://www.econbiz.de/10005114394

Structural Adjustment, Efficiency, and Economic Growth

Gylfason, Thorvaldur - C.E.P.R. Discussion Papers - 1994

This paper is intended to make four main points that are relevant for previously planned economies in transition to a market economy. First, national output can be increased by reducing or eliminating relative price distortions through price reform and free trade and by thus enhancing...

Persistent link: https://www.econbiz.de/10005504204