China's industrial revolution: challenges for a macroeconomic agenda

Dutta, Manoranjan

doi:10.1016/j.asieco.2004.11.006

Cited by 19 publications

(7 citation statements)

References 24 publications

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“…Political, economic, and social reforms initiated in the late 1970s by Deng Xiaoping favored, among other benefits, the advancement of the scientific and technological sphere of the country (Dutta, 2005). In accordance with Li and Edwards (2014), the results of these reforms began to emerge in the 1990s, when China became internationally renowned for its satisfactory socioeconomic progress.…”

Section: Main Km Practices Adopted In Chinese Industriesmentioning

confidence: 99%

Primary knowledge management practices applied in Brazil, Russia, India and China (BRIC) industries from 2001-2010

Klafke

Lievore

Picinin

et al. 2016

JKM

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Access to this document was granted through an Emerald subscription provided by emerald-srm:239791 [] For AuthorsIf you would like to write for this, or any other Emerald publication, then please use our Emerald for Authors service information about how to choose which publication to write for and submission guidelines are available for all. Please visit www.emeraldinsight.com/authors for more information. About Emerald www.emeraldinsight.comEmerald is a global publisher linking research and practice to the benefit of society. The company manages a portfolio of more than 290 journals and over 2,350 books and book series volumes, as well as providing an extensive range of online products and additional customer resources and services.Emerald is both COUNTER 4 and TRANSFER compliant. The organization is a partner of the Committee on Publication Ethics (COPE) and also works with Portico and the LOCKSS initiative for digital archive preservation.

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Section: Main Km Practices Adopted In Chinese Industriesmentioning

confidence: 99%

Primary knowledge management practices applied in Brazil, Russia, India and China (BRIC) industries from 2001-2010

Klafke

Lievore

Picinin

et al. 2016

JKM

View full text Add to dashboard Cite

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“…While China experienced its unique economic miracle, featuring average annual growth rates of about 9% over some 25 years, not all sectors progressed at the same pace, possibly providing bottlenecks for future growth. Progress was slowest in the service sector (Dutta, 2005). And, within the service sector, advancement was particularly sluggish in the financial sector.…”

Section: Introductionmentioning

confidence: 99%

Are New Tigers supplanting Old Mammoths in China’s banking system? Evidence from a sample of city commercial banks

Ferri

2009

Journal of Banking & Finance

105

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“…Countries of East Asia were able to apply clear-cuts macroeconomic and industrial policy frameworks and robust financial markets to diversify their economies, thus, boosting economic growth. According to Dutta (2005) through trade and industrial policy reforms, China was able to diversify its economy from agricultural to industrial sector with share of GDP rising above two-thirds of the total aggregate growth in 2000. The successful 'growth miracle' in the South-South is not peculiar to China alone but to some other Asian countries like Singapore, Japan, Malaysia, and Indonesia.…”

Section: Literature Reviewmentioning

confidence: 99%

“…Dupasquier and Osakwe (2006) posit that the substantial FDI investment into the secondary sector contributed to the East Asia export diversification and aggregate growth. Dutta (2005) submits that through the approach of targeting the industrial sector, China grew total output to above two-thirds of the total aggregate growth in 2000. In the case of sectoral growth and welfare improvement, although views on the impact of sectoral investment on economic growth and welfare may differ across regions, Loayza and Raddatz (2010) and Gohou and Soumare (2012), state that adequate investments into labour-intensive sectors improve growth and welfare faster among countries.…”

Section: Introductionmentioning

confidence: 99%

The Effects of Foreign Direct Investment (FDI) on Sectoral Growth and Poverty in Africa

Chukwu

Adewuyi

2020

Preprint

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Background This study examines the effects of foreign direct investment (FDI) on sectoral growth and poverty reduction in Africa. The transfer of technology into different sectors of economy through FDI has enabled many developing and emerging economies to achieve sustained economic growth and development. However, this is not the case with Africa’s growth architecture and poverty levels. A look at the region’s growth and welfare structure revealed that the FDI-growth-welfare relationship is weak when compared with those of other developing continents such as Asia and Latin America. Methods The study adopted recent causality method and simultaneous equation as well as dynamic threshold models to analyze the effect of FDI on sectoral growth and poverty. We accounted for sectoral spillover effect, heterogeneity, simultaneity and cross section dependence in our modeling. Results Main findings from our results suggest that FDI promotes outputs of manufacturing and service sectors, but hinders that of agricultural sector, while it fosters human development. Also, the results showed that, while human development promotes output of the agricultural sector, it deters output of manufacturing and service sectors. Further results revealed that only agricultural output improves human development and welfare among countries. The dynamic threshold regression analysis showed that FDI promotes output growth in all sectors with larger effect at levels beyond the optimal HDI. Conclusions Africa’s growth architecture is weak to stimulate poverty reduction. For the region to improve its sectoral output growth and welfare using the FDI as a catalyst, a policy framework towards attracting more FDI into the three key productive sectors (especially in the manufacturing and services) is desirable for increased output and poverty reduction. However, to achieve the desired level of poverty reduction, policies should be targeted to sectors with inter-sectoral linkages especially between agricultural and manufacturing sectors along the local and international value chain.

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China's industrial revolution: challenges for a macroeconomic agenda

Cited by 19 publications

References 24 publications

Primary knowledge management practices applied in Brazil, Russia, India and China (BRIC) industries from 2001-2010

Primary knowledge management practices applied in Brazil, Russia, India and China (BRIC) industries from 2001-2010

Are New Tigers supplanting Old Mammoths in China’s banking system? Evidence from a sample of city commercial banks

The Effects of Foreign Direct Investment (FDI) on Sectoral Growth and Poverty in Africa

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