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  1. Trade policy, the price of capital goods and econoomic growth
    An empirical test of a Solow-Swan model with capital variety
    Author: Maurer, Rainer
    Published: 2011
    Publisher:  ZBW - Deutsche Zentralbibliothek für Wirtschaftswissenschaften, Leibniz-Informationszentrum Wirtschaft, Kiel

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  2. A stylized model of China's growth since 1978
    Author: Glawe, Linda; Wagner, Helmut
    Published: [2017]
    Publisher:  Center for East Asia Macro-Economic Studies, University of Hagen, Hagen, Germany

    This paper develops a stylized multi-sector growth model of China's economy. We choose a neoclassical modeling approach and focus on the reform process under Deng Xiaoping as China's main growth driver since 1978. Following the literature, we... more

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    Location:
    ZBW - Leibniz-Informationszentrum Wirtschaft, Standort Kiel
    Signature:
    DS 702
    Inter-library loan:
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    This paper develops a stylized multi-sector growth model of China's economy. We choose a neoclassical modeling approach and focus on the reform process under Deng Xiaoping as China's main growth driver since 1978. Following the literature, we distinguish between three major reform periods, namely the agricultural (1978-1984), the industrial (1984-1992) and the foreign-trade reform period (1992-present). Reflecting the neoclassical view, our model explains China's growth process since 1978 as a sequence of transitory growth phases generated by the reforms. We discuss our model's implications for China's future growth and the middle-income trap as well as growth-stimulating policies in China.

     
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    Source: Union catalogues
    Language: English
    Media type: Book
    Format: Online
    Other identifier:
    hdl: 10419/215647
    Edition: (updated version)
    Series: CEAMeS discussion paper ; no. 2017, 5
    Subjects: multi-sector growth modeling; neoclassical growth theory; structural change; China; middle-income trap
    Scope: 1 Online-Ressource (circa 37 Seiten), Illustrationen
  3. Public health and labor policy
    Author: Diokno-Sicat, Charlotte Justine; Ulep, Valerie Gilbert; Palomar, Robert Hector G.; Maddawin, Ricxie B.; Ruiz, Mark Gerald C.
    Published: March 2023
    Publisher:  Philippine Institute for Development Studies, Quezon City, Philippines

    The COVID-19 pandemic, and lockdown measures taken to control its spread, brought economies to a halt, turning the public health crisis into an economic one. Though government responses, such as labor and social welfare protection programs, were... more

    Access:
    Verlag (kostenfrei)
    Verlag (kostenfrei)
    Resolving-System (kostenfrei)

    Location:
    ZBW - Leibniz-Informationszentrum Wirtschaft, Standort Kiel
    Signature:
    DS 146
    Inter-library loan:
    No inter-library loan

     

    The COVID-19 pandemic, and lockdown measures taken to control its spread, brought economies to a halt, turning the public health crisis into an economic one. Though government responses, such as labor and social welfare protection programs, were similar for recent economic crises like the Global and Asian Financial Crises, the origin of the current crisis being public health rather than financial markets, put the spotlight on the health sector and the need for its strengthening both to manage COVID-19 and ensure sustainable economic recovery. This study examines the relationship between health spending and labor productivity. Will the COVID-19 pandemic crisis trigger more meaningful public investments in health? How can we build back better health policy for labor productivity? Answering these questions requires establishing that health policy and indicators are associated with measures of labor productivity. If there is such evidence, there is a need to examine prepandemic public health expenditures and policies and compare these to health policies of comparable countries with better health outcomes. This would provide policy makers guidance in improving health sector outcomes and overall productivity. This sought evidence of the association of health policy and indicators with labor productivity on two levels, across: (1) comparable ASEAN countries and (2) Philippine regions. The results showed that public health expenditures were robust and significant for GDP per capita (across ASEAN countries) and regional GDP per worker (RGDP, Philippine regional estimations). This suggests that increased public health spending is associated with increased labor productivity. For the cross-country results, life expectancy and gross capital investments were also found to be positively significant, indicating increased productivity with a longer life (i.e., a healthier population), and with physical capital/tools and infrastructure (consistent with neoclassical growth theory or NGT). For Philippine regional regressions, only the proportion of the working age population was found to be significant but negative, possibly suggesting that a bigger work force is associated with lower productivity (ceteris paribus, this is consistent with NGT and the law of diminishing marginal product).

     
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    Source: Union catalogues
    Language: English
    Media type: Book
    Format: Online
    Other identifier:
    hdl: 10419/284606
    Series: Discussion paper series / Philippine Institute for Development Studies ; no. 2023, 07 (March 2023)
    Subjects: labor demand; labor supply; neoclassical growth theory
    Scope: 1 Online-Ressource (circa 46 Seiten), Illustrationen