 | Real and Financial Sector Linkages in China and India Author/Editor: Jahangir Aziz. Release Date:April, 2008 In the spirit of what is known as business cycle accounting, this paper finds that the investment wedge-the gap between household's rate of intertemporal substitution and the marginal product of more...
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 | China's Changing Trade Elasticities Author/Editor: Jahangir Aziz, Xiangming Li. Release Date:November, 2007 China's sectoral trade composition, product quality mix, and import content of processing exports have all changed substantially during the past decade. This has rendered trade elasticities estimated more...
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 | Explaining China's Low Consumption : The Neglected Role of Household Income Author/Editor: Jahangir Aziz, Li Cui. Release Date:July, 2007 The Chinese government has recently focused on the need to increase consumption to rebalance the economy. A widely held view is that despite China's remarkably high growth, the share of consumption more...
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 | Rebalancing China's Economy : What Does Growth Theory Tell Us? Author/Editor: Jahangir Aziz. Release Date:December, 2006 This paper uses the standard one-sector neoclassical growth model to investigate why China's consumption has been low and investment high. It finds that the low cost of capital has been more...
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 | Growth-Financial Intermediation Nexus in China Author/Editor: Jahangir Aziz, Christoph Duenwald. Release Date:November, 2002 This paper studies the relationship between economic growth and financial development in China during the post-1978 reform period. Recent studies, based on cross-country data, have found a positive more...
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 | Poverty Dynamics in Rural India Author/Editor: Jahangir Aziz. Release Date:October, 2002 India’s progress in reducing poverty at the national level masks substantial disparity in the incidence of poverty at the state level. This paper provides a description of the trends more...
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 | China's Provincial Growth Dynamics Author/Editor: Jahangir Aziz, Christoph Duenwald. Release Date:January, 2001 China's rapid overall growth since 1978 masks significant differences in relative economic performance across its provinces. This paper finds that, while per capita income of poor provinces are more...
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 | Policy Complementarities and the Washington Consensus Author/Editor: Jahangir Aziz, Robert F Westcott. Release Date:September, 1997 While economists continue to debate whether particular economic policies, such as those referred to in Willliamson’s (1993) “Washington Consensus,” can spur growth in more...
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 | Cyclical Effects of the Composition of Government Purchases Author/Editor: Jahangir Aziz, Luc E Leruth. Release Date:February, 1997 This paper constructs a general equilibrium model with monopolistically competitive firms and endogenous markups where government spending consists of both consumption and investment goods. It is more...
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 | Growth Accounting and Growth Processes Author/Editor: Jahangir Aziz. Release Date:October, 1996 The standard growth accounting framework, which weights various inputs by their factor shares to measure their contributions to output growth, is known to underestimate the contribution of inputs in more...
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