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Aging, Interest Rates, and Financial Flows
Saarenheimo, Tuomas - 2006
uses a 73-cohort general equilibrium overlapping generations model of five major economic areas (USA, EU-15, Japan, China …
Persistent link: https://www.econbiz.de/10014062765
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China's March to Prosperity: Reforms to Avoid the Middle-income Trap
Koen, Vincent; Herd, Richard; Hill, Sam - Economics Department, Organisation de Coopération et … - 2013
China is well-placed to avoid the so-called “middle-income trap” and to continue to converge towards the more advanced economies, even though growth is likely to slow from near double-digit rates in the first decade of this millennium to around 7% at the 2020 horizon. However, in order to...
Persistent link: https://www.econbiz.de/10011277005
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China's march to prosperity : reforms to avoid the middle-income trap
Koen, Vincent; Herd, Richard; Hill, Sam - 2013
China is well-placed to avoid the so-called “middle-income trap” and to continue to converge towards the more advanced economies, even though growth is likely to slow from near double-digit rates in the first decade of this millennium to around 7% at the 2020 horizon. However, in order to...
Persistent link: https://www.econbiz.de/10010231008
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Growth Prospects in China and India Compared
Herd, Richard; Dougherty, Sean - In: European Journal of Comparative Economics 4 (2007) 1, pp. 65-89
This paper compares the growth prospects of China and India through a growth accounting analysis. Consistent time series for capital stock and employment are constructed using available survey data, and recent revisions to the national accounts for both countries are incorporated. The results...
Persistent link: https://www.econbiz.de/10004965131
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A Model of Structural Transformation and Demographic Transition in China and Dynamics of World Interest Rate
Han, Gaofeng - 2021
This paper studies the theoretical implications of structural transformation and demographic transition in Mainland China for its domestic economy and the world interest rates. Our proposed model predicts that the transition from a manufacturing-oriented economy to a service-oriented economy...
Persistent link: https://www.econbiz.de/10013218649
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The determinants and long-term projections of saving rates in developing Asia
Horioka, Charles Yuji; Terada-Hagiwara, Akiko - 2011
In this paper, we present data on trends over time in domestic saving rates in twelve economies in developing Asia during the 1966-2007 period and analyze the determinants of these trends. We find that domestic saving rates in developing Asia have, in general, been high and rising but that there...
Persistent link: https://www.econbiz.de/10010332273
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The determinants and long-term projections of saving rates in Developing Asia
Horioka, Charles Yuji; Terada-Hagiwara, Akiko - In: Japan and the World Economy 24 (2012) 2, pp. 128-137
In this paper, we present data on trends over time in domestic saving rates in twelve economies in Developing Asia during the 1966–2007 period and analyze the determinants of these trends. We find that domestic saving rates in Developing Asia have, in general, been high and rising but that...
Persistent link: https://www.econbiz.de/10010577665
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The five-phases of economic development and institutional evolution in China and Japan
Aoki, Masahiko - 2011
five phases of economic development that are common to China, Japan, and Korea: M (Malthusian), G (government-led), K (à la … explores the agrarian origins of institutions in Qing China and Tokugawa Japan (and briefly Choson Korea) and their path … institutional evolution between China and Japan, which also clarifies the simplicity of prevailing arguments that identify East …
Persistent link: https://www.econbiz.de/10010397266
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The Five-Phases of Economic Development and Institutional Evolution in China and Japan
Aoki, Masahiko - 2012
economic development that are common to China, Japan and South Korean: M (Malthusian), G (government-led), K (a la Kuznets), H … agrarian origins of institutions in Qing China and Tokugawa Japan (and briefly Chosŏn Korea) and their path … institutional evolution between China and Japan, which also clarifies the simplicity of prevailing arguments that identify East …
Persistent link: https://www.econbiz.de/10013114387
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The Five-Phases of Economic Development and Institutional Evolution in China and Japan
Aoki, Masahiko - 2012
five phases of economic development that are common to China, Japan, and Korea: M (Malthusian), G (government-led), K (à la … explores the agrarian origins of institutions in Qing China and Tokugawa Japan (and briefly Chosŏn Korea) and their path … institutional evolution between China and Japan, which also clarifies the simplicity of prevailing arguments that identify East …
Persistent link: https://www.econbiz.de/10013112948