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Access to finance among small and medium-sized enterprises and job creation in Africa
Brixiova, Zuzana; Kangoye, Thierry; Yogo, Urbain Thierry - 2020
In the past decade inclusive growth, that is job-rich growth, has topped the policy agenda in developing countries. This paper investigates how the access to finance affects employment in small and medium-sized enterprises (SMEs) in Sub-Saharan Africa. It first presents a model where firm...
Persistent link: https://www.econbiz.de/10012286184
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Exports and long-run growth : the case of Spain, 1850-2017
Bajo Rubio, Oscar - 2020
We analyse in this paper the relationship between international trade and economic growth from the point of view of one of the most traditional hypotheses within this field, namely, the export-led growth hypothesis, for the case of Spain in a long-term perspective of almost 170 years. Exports...
Persistent link: https://www.econbiz.de/10012156412
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Trade and capital flows : substitutes or complements? : an empirical investigation
Belke, Ansgar; Domnick, Clemens - 2018
This paper examines the linkages between the trade of goods and financial assets. Do both flows behave as complements (implying a positive correlation) or as substitutes (negative correlation)? Although a classic topic in international macroeconomics, the empirical evidence has remained...
Persistent link: https://www.econbiz.de/10012150095
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Does international trade promote economic growth? : Europe, 19th and 20th centuries
Bajo Rubio, Oscar; Ramos-Herrera, María del Carmen - 2023
In this paper, we analyse the relationship between international trade and economic growth in an unbalanced panel of 20 European countries in a long-term perspective, since the mid-19th century to present days, differentiating between the periods before and after the start of the Second World...
Persistent link: https://www.econbiz.de/10014445938
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The yen exchange rate and the hollowing out of the Japanese industry
Belke, Ansgar; Volz, Ulrich - 2019
Since the demise of the Bretton Woods system, the yen has seen several episodes of strong appreciation, including in the late 1970s, after the 1985 Plaza Agreement, the early and late 1990s and after 2008. These appreciations have not only been associated with “expensive yen recessions”...
Persistent link: https://www.econbiz.de/10012151189
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Do skewed sex ratios among children promote parental smoking? : longitudinal evidence from rural China
Chen, Xi - 2017
China and some other Asian countries have experienced skewed sex ratios, triggering intense competition and pressure in … the marriage market. Meanwhile, China has more smokers than any other country, with half of men smoke while few women … market in China - affects their fathers' smoking behavior. We utilize two household longitudinal surveys as well as a random …
Persistent link: https://www.econbiz.de/10012129940
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Unintended consequences of China's new labor contract law on unemployment and welfare loss of the workers
Akee, Randall; Zhao, Liqiu; Zhao, Zhong - 2018
China's new Labor Contract Law, which intended to strengthen the labor protection for workers, went into effect on … firm for more than 10 years. Using data from the 2008 China General Social Survey, we find strong evidence that firms did …
Persistent link: https://www.econbiz.de/10012130622
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Returns to higher education subjects and tiers in China : evidence from the China Family Panel Studies
Kang, Lili; Peng, Fei; Zhu, Yu - 2018
Using the recent China Family Panel Studies, we are able to identify the subjects studied of both college (2-3 years …
Persistent link: https://www.econbiz.de/10012130649
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Technological catching-up, sales dynamics and employment growth : evidence from China's manufacturing firms
Dosi, Giovanni; Yu, Xiaodan - 2018
This paper investigates the microeconomics of employment dynamics, using a Chinese manufacturing firm-level dataset over the period 1998-2007. It does so in the light of a scheme of "circular and cumulative causation", whereby firms' heterogeneous productivity gains and sales dynamics, and...
Persistent link: https://www.econbiz.de/10012130660
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Ageing, the socioeconomic burden, labour market and migration : the Chinese case in an international perspective
Michele, Bruni - 2018
China still lags behind Europe along the path of the demographic transition and therefore is still much younger …. However, due to the speed with which the fertility rate dropped and life expectancy increased, China ageing process will … proceed at a very fast space and around the middle of the century the population of China is projected to be as old as that of …
Persistent link: https://www.econbiz.de/10012131217