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2. The Impact of Trade Liberalisation on Economic Growth: Evidence from a Quantile Regression Analysis.
- Author
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Foster, Neil
- Subjects
- *
REGRESSION analysis , *GROWTH , *STATISTICAL correlation , *ECONOMIC development , *FREE trade , *HETEROGENEITY , *FINANCIAL liberalization - Abstract
Individual country experience with trade liberalisation has been mixed. This paper examines the relationship between liberalisation and growth for a sample of 75 liberalising countries. To consider the importance of heterogeneity in the growth response to liberalisation this paper employs quantile regression methods which allow the coefficient on liberalisation to vary across the conditional growth distribution. The results suggest that countries experiencing the lowest rates of growth benefit most from liberalisation. The results also suggest that while such countries benefit most in the long-run they are the most likely to suffer from short-run negative effects of liberalisation. [ABSTRACT FROM AUTHOR]
- Published
- 2008
- Full Text
- View/download PDF
3. The competitiveness of China's Leading Regions: Benchmarking Their Knowledge-based Economies.
- Author
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Huggins, Robert, Luo, Shougui, and Thompson, Piers
- Subjects
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ECONOMIC competition , *BENCHMARKING (Management) , *INFORMATION economy , *ECONOMIC development , *COMPARATIVE advantage (International trade) , *ECONOMIC policy - Abstract
China's spectacular economic growth has been spatially uneven, with much development occurring in eastern coastal areas. In particular, three metropolitan 'super-regions' have become China's most competitive knowledge-based economies, consisting of the Pearl River Delta, the Yangtze River Delta, and the Bohai Gulf Region. This paper benchmarks the competitiveness of these regions, with a view to exploring which region is best positioned to become the most dominant knowledge-based economy over time. Through the theoretical lens of dynamic comparative advantage, it is shown that each region has hugely increased its competitiveness through improvements in the capacity to absorb and diffuse knowledge. It is further shown that due to multi-dimensional advantages the Yangtze River Delta, incorporating the Shanghai metropolis, is best positioned to become the dominant hub of China's future knowledge economy. It is concluded that China's leading regions will require further economic policy adjustments in order to secure their future competitiveness. [ABSTRACT FROM AUTHOR]
- Published
- 2014
- Full Text
- View/download PDF
4. Agrarian Poverty, Nutrition and Economic Class - A Study of Gujarat, India.
- Author
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Dixit, Anita
- Subjects
- *
POVERTY research , *NUTRITION , *INDUSTRIALIZATION , *ECONOMIC development , *POVERTY reduction , *LAND tenure - Abstract
This paper analyses poverty and calorific undernourishment in the Indian state of Gujarat, where high and market-led industrial growth has resulted in rapid economic improvement. The study is carried out through a combination of secondary and survey-based data. We conclude that the neoliberal agenda of uncontrolled, outward-looking growth has not resulted in significant reduction of poverty or malnourishment in rural areas. Furthermore, while land ownership is officially used as a proxy for wealth distribution, class position appears a better predictor of poverty status in the rural areas than landownership per se. At the policy level, there is a need to revive the agrarian economy and create new non-agricultural assets, and the primary focus in the state must shift to the distribution of created assets rather than a single-minded focus on growth. [ABSTRACT FROM AUTHOR]
- Published
- 2013
- Full Text
- View/download PDF
5. Thinking State/Space Incompossibly.
- Author
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Jones, Martin and Jessop, Bob
- Subjects
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REGIONALISM , *EUROPEAN communities , *NATIONAL territory , *CAPITALISM , *STATE formation , *ECONOMIC development , *CITIES & towns , *ECONOMIC policy , *GROWTH - Abstract
This paper develops multi-dimensional analyses of socio-spatial relations. Building on previous research, we identify some tensions associated with different dimensions of socio-spatiality and introduce the theme of compossible and, more importantly, incompossible socio-spatial configurations. Two short studies are deployed to highlight the socio-spatial implications of the principle that not everything that is possible is compossible. The first shows the power of thinking varieties of capitalism compossibly (via the concept of variegated capitalism) and then examines the successive strategies adopted by the European Communities and European Union to address the significance of changing patterns of variegation for approaches to European integration, spatial strategies, and economic and social policies. The second case discusses some related problems for state spatial projects, starting in the 1980s with spatial planning, promotion of a Europe of the Regions and/or of Europe and the regions, and then turns to examine city-regional development strategies. [ABSTRACT FROM AUTHOR]
- Published
- 2010
- Full Text
- View/download PDF
6. 4 Growth and Decline in Classic Maya Puuc Political Economies.
- Author
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Isendahl, Christian, Dunning, Nicholas P., and Sabloff, Jeremy A.
- Subjects
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SUSTAINABILITY , *ECONOMICS , *ECONOMIC development , *AGRICULTURAL economics , *ECONOMIC history , *WATER shortages - Abstract
ABSTRACT The Classic period Puuc region presents Maya archaeologists with significant challenges. One challenge to interpretation lies in the fact that, despite a form of agro-urban settlement that proved highly resilient in the Maya Lowlands overall, Puuc cities flourished relatively briefly, beginning on a grand scale in the sixth century C.E. and with a halt in major building construction and depopulation in the tenth century C.E. This chapter focuses on analyzing how the Puuc economy depended on sustained economic growth and ultimately suffered its consequences for long-term agro-ecological sustainability. We suggest that an important clue to understanding urban collapse in the Puuc is found by looking at transitions in the net energy gain of the agricultural economy over the long-term. The boom-and-crash character of Puuc economic history follows a series of opportunities, challenges, and problem-solving with varying efficacy for long- and short-term sustainability and resilience. These factors include the highly fertile soils as the main resource; water scarcity as a limiting factor; effective water management as a key solution; and costly social complexity a driving force of agro-economic growth. The diminishing returns on energy invested were consequences of a dependency on economic growth as the supply of the primary resource decreased. The elite segments of polities were unable to adjust to decreasing returns, which led to economic decline and, eventually, organizational collapse. The boom-and-crash character of Puuc settlement suggests a political economy that had locked into dependency on constant growth and failed to adapt to diminishing returns. [ABSTRACT FROM AUTHOR]
- Published
- 2014
- Full Text
- View/download PDF
7. Sub-national growth rate differentials in South Africa: an econometric analysis.
- Author
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Naudé, W. A. and Krugell, W. F.
- Subjects
- *
ECONOMETRIC models , *ECONOMIC development , *ECONOMIC indicators , *AGGLOMERATION (Materials) - Abstract
This research note examines the determinants of economic growth at the sub-national level in South Africa, and investigates cross-regional medium term (1998–2002) growth rate differentials between 354 magisterial districts. A dynamic panel data regression model is used that includes measures of geography (distance and natural resources) as well as recent estimates of physical and human capital. We find that the significant determinants of local economic growth are distance from internal markets, human capital, export propensity, and the capital stock. Distance from international harbours, as a measure of transport costs, and urban agglomeration (or density) affects growth indirectly through its significant effect on the ability of a region to export. Overall, these results indicate that geography is important, independent of its effects on institutions, for economic growth. Bearing in mind a medium-term focus, no evidence of absolute convergence could be found over a five-year period, but the evidence tentatively suggests beta convergence. [ABSTRACT FROM AUTHOR]
- Published
- 2006
- Full Text
- View/download PDF
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