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Journal Article
This paper investigates the process of adjustment in employment. A dynamic model is applied to a panel of six Tunisian manufacturing industries observed over a period of 25 years, from 1971 to 1996. Industries are assumed to adjust their labor inputs toward a desired level. A labor requirement...
Blog
23 April 2014 Justin Yifu Lin and Yan Wang At the onset of its miraculous rise in 1979, China had been trapped in poverty for centuries and was poorer than most sub-Saharan African countries. Thanks to the right strategies for transformation, China achieved an average annual growth rate of 9.8 per...
Working Paper
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A sustainable pathway for Africa in the twenty-first century is laid out in the setting of the development of innovation capabilities and the capture of latecomer advantages. Africa has missed out on these possibilities in the twentieth century while seeing the East Asian countries advance. There...
Working Paper
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– Manufacturing Productivity and Sub-Saharan Africa’s Missing Middle
We consider economic development of sub-Saharan Africa from the perspective of slow convergence of productivity, both across sectors and firms within sectors. Why have ‘productivity enclaves’, islands of high productivity in a sea of smaller low-productivity firms, not diffused more rapidly? We...
Working Paper
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– Structural Path Analysis for 1997-2007
Current explanations for private consumption’s diminished role in China focus on the expansion of exports and investments. Using structural path analysis, we find additional contributing factors. First, growth patterns during 1997-2007 favoured sectors with low production multipliers. Secondly...
Working Paper
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This paper considers the effect of financial liberalisation on access to investment finance using firm level data covering 57 developing and transition countries. An index is presented which measures financial market liberalisation along the following policy dimensions: directed lending, credit...
Working Paper
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– A Panel Data Approach
This study examines the Prebisch and Singer hypothesis using a panel of 24 commodity prices from 1900 to 2010. The modelling approach stems from the need to meet two key concerns: (1) the presence of cross-sectional dependence among commodity prices; and (2) the identification of potential...
Journal Article
– A Comparative Perspective to the Asian Giants
Part of Journal Special Issue
Southern Growth Engines and Technology Giants
Journal Article
– Brazil and the CIBS in a Comparative Perspective
Part of Journal Special Issue
Southern Growth Engines and Technology Giants
Journal Article
– China and India
Part of Journal Special Issue
Southern Growth Engines and Technology Giants
Journal Article
Part of Journal Special Issue
Southern Growth Engines and Technology Giants
Journal Article
– Evidence from Brazil, China, India and South Africa
Part of Journal Special Issue
Southern Growth Engines and Technology Giants
Journal Article
Part of Journal Special Issue
Southern Growth Engines and Technology Giants
Journal Article
– Introduction
Part of Journal Special Issue
Southern Growth Engines and Technology Giants
Fast-growing developing countries have emerged as an important destination and source of trade, investments and technology. Furthermore, trade between developing countries has grown rapidly over the last decades, and is becoming more diversified, where exchange includes from primary commodities to...
Working Paper
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– A Tale of Two Countries
The current paper demonstrates a dichotomy of the growth response to changes in the barter terms of trade, employing as case studies the two African countries, Botswana and Nigeria. Using distributed-lag analysis, the paper finds that the effect of terms of trade on output is positive and negative...
Displaying 16 of 58 results