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Department of Economics, The University of Utah, Salt Lake City >
Department of Economics Working Paper Series, University of Utah >
Please use this identifier to cite or link to this item:
http://hdl.handle.net/10419/64474
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Full metadata record
| DC Field | | Value | | Language |
| dc.contributor.author | | Rada, Codrina | | en_US |
| dc.contributor.author | | von Arnim, Rudiger | | en_US |
| dc.date.accessioned | | 2011-06-14 | | en_US |
| dc.date.accessioned | | 2012-09-28T12:40:19Z | | - |
| dc.date.available | | 2012-09-28T12:40:19Z | | - |
| dc.date.issued | | 2011 | | en_US |
| dc.identifier.uri | | http://hdl.handle.net/10419/64474 | | - |
| dc.description.abstract | | This paper explores macroeconomic policies that can sustain structural change in China and India. A two-sector open-economy model with endogenous productivity growth, demand driven output and income distribution as an important determinant of economic activity is calibrated to a 2000 SAM for China and a 1999/2000 SAM for India. Short-run analysis concerns temporary equilibria for output, productivity and employment growth rates in the formal sector. In the long-run, the model allows for multiple equilibria which can describe cases of (a) underdevelopment and structural heterogeneity or (b) sustained growth and development. Several simulation exercises are conducted. Specifically, we consider how changes in investment, wages, labor productivity trend and a depreciation of currency affect the macroeconomy and job creation in the formal sector. | | en_US |
| dc.language.iso | | eng | | en_US |
| dc.publisher | | Univ. of Utah, Dep. of Economics Salt Lake City, Utah | | en_US |
| dc.relation.ispartofseries | | Working Paper, University of Utah, Department of Economics 2011-05 | | en_US |
| dc.subject.jel | | O11 | | en_US |
| dc.subject.jel | | O41 | | en_US |
| dc.subject.jel | | E26 | | en_US |
| dc.subject.ddc | | 330 | | en_US |
| dc.subject.keyword | | structural change | | en_US |
| dc.subject.keyword | | endogenous productivity | | en_US |
| dc.subject.keyword | | dual economy | | en_US |
| dc.subject.keyword | | China | | en_US |
| dc.subject.keyword | | India | | en_US |
| dc.title | | Structural transformation in China and India: The role of macroeconomic policies | | en_US |
| dc.type | | Working Paper | | en_US |
| dc.identifier.ppn | | 656406933 | | en_US |
| dc.rights | | http://www.econstor.eu/dspace/Nutzungsbedingungen | | en_US |
| Appears in Collections: | | Department of Economics Working Paper Series, University of Utah
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