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Industry Origins of Japanese Economic Growth

This paper presents new data on the sources of growth for the Japanese economy over the period 1960- 2000. The principal innovation is the incorporation of detailed information for individual industries, including those involved in the production of computers, communications equipment, and electronic components as information technology equipment. The authors show that economic growth is dominated by investments and productivity growth in information technology, both for individual industries and the economy as a whole.

Like It or Not, China and the U.S. Are Intricately Linked

The report focuses on the growing economic ties between the U.S. and China, particularly in the production and sale of high-technology goods. According to the report, China is now the sixth largest destination for U.S. high-tech products. In addition, tech exports to China have tripled over the last seven years to $8.7 billion while tech imports from China have quadrupled to $68.2 billion.

Like It or Not, China and the U.S. Are Intricately Linked

The report focuses on the growing economic ties between the U.S. and China, particularly in the production and sale of high-technology goods. According to the report, China is now the sixth largest destination for U.S. high-tech products. In addition, tech exports to China have tripled over the last seven years to $8.7 billion while tech imports from China have quadrupled to $68.2 billion.

Activating Knowledge

The most relevant comparison, which can be made here, is that with policies for “activating labour” which rose to popularity in the 1980’s and 1990’s and were instrumental in reducing long term, structural unemployment in a number of European countries. Such policies focused on the many “passive” features of the labour market, and the way these features had contributed to a rise in long-term unemployment.

Are Eastern European Countries Catching Up? Time Series Evidence for Czech Republic, Hungary, and Poland

The catching up process in Czech Republic, Hungary, and Poland is analyzed by investigating the integration properties of log-differences in per-capita GDP versus the EU15 and a Mediterranean country group. The authors account for structural changes by using unit root tests that allow for two endogenous breaks in the level and the trend. Findings indicate that Czech Republic and Hungary are stochastically converging towards the Mediterranean group, while only Czech Republic is stochastically converging towards EU15.

Foreign Direct Investment, Regional Geographical and Market Conditions, and Regional Development: A Panel Study on China

This paper uses regional panel data to investigate the mechanism of how FDI has contributed to China’s regional development through quantifying regional marketization level. It is found that FDI inflow generates a demonstration effect in identifying regional market conditions for investment in fixed assets and hence affects industrial location.