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One of the greatest challenges China faces is how to reshape its heavily investment-driven mode of economic growth. By …
Persistent link: https://www.econbiz.de/10015227953
The objective of this paper is to examine the impact of openness, foreign investment inflows, and domestic investment on economic growth for the case of 24 Asian economies over the time span 2002-2017 through the use of the fixed and random effect models. Our empirical results pointed out that...
Persistent link: https://www.econbiz.de/10015264299
For the past nearly forty years, China has experienced average annual real GDP growth of close to ten percent, much of … expenditures. This paper documents the role of investment in driving economic growth in China, questions how much longer China can … way for researchers to improve the data. The paper finally makes the point that investment in China remains broad …
Persistent link: https://www.econbiz.de/10015249900
Current account are an endogenous variable that contain information about the behavior of the economics agents and is important for economic policymaking as it gives a broad reflection of the stance of macroeconomics policies. The imbalances in current account are a reflection of the...
Persistent link: https://www.econbiz.de/10015215531
economies. However, there has been a lack of empirical study of this kind on China and other developing countries. This paper … attempts to fill this gap by answering how and to what extent oil-price shocks impact China’s economy, emphasizing on the price … differentiated price control policies for materials and intermediates on the one hand and final products on the other hand in China …
Persistent link: https://www.econbiz.de/10015216538
This study attempts to examine the dynamic relationship between private domestic investment (PDI), the user cost of capital, and economic growth in Malaysia over the period of 1970 to 2009. Johansen cointegration test suggests that PDI, the user cost of capital, and economic growth are...
Persistent link: https://www.econbiz.de/10015225141
The objective of this paper is to examine the impact of openness, foreign investment inflows, and domestic investment on economic growth for the case of 24 Asian economies over the time span 2002-2017 through the use of the fixed and random effect models. Our empirical results pointed out that...
Persistent link: https://www.econbiz.de/10015264281
The aim of this investigation is to check the impact of digitalization and trade openness on economic growth for top ten richest Asian countries. Static Gravity Model and Generalized Method of Moments Model were estimated. We found that digitalization and trade openness have a significant...
Persistent link: https://www.econbiz.de/10015268245
We model a typical Asian-crisis-economy using dynamic general equilibrium tech-niques. Exchange rates obtain from nontrivial fiat-currencies demands. Sudden stops/bank-panics are possible, and key for evaluating the merits of alternative ex-change rate regimes. Strategic complementarities...
Persistent link: https://www.econbiz.de/10015217851
This paper makes the case that the growth trajectory of the Indian economy in the post-1991 liberalization period is characterised by an inherent source of instability in manufacturing and industrial growth that distinguishes this period from the 1980s. This instability is a result of an...
Persistent link: https://www.econbiz.de/10015219804