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The paper investigates the role of infrastructure in promoting economic growth in China using ARDL and GMM techniques for the period 1975 to 2007. In this context, an attempt is made to understand growth accounting equations to investigate the impact of infrastructure development on output....
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After the 2008 financial crisis, macroeconomic positions and growth prospects weakened in the advanced economies; emerging market economies (EMEs) improved however. Offshore, local-currency bonds of EMEs became popular as result, with many EMEs exploiting the opportunity. India also launched its...
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While China's stellar export performance is a well-established fact, the issue of diversification of China's exports continues to be debated. There are differing opinions on the factor proportions in its exports. Some argue that exports continue to be labour-intensive while others have found a...
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