DEMOGRAPHIC TRANSITION AND LABOUR MARKET CHANGES: IMPLICATIONS FOR ECONOMIC DEVELOPMENT IN CHINA

2014 ◽  
Vol 28 (4) ◽  
pp. 617-635 ◽  
Author(s):  
Yang Du ◽  
Cuifen Yang
Author(s):  
Cristian Barra ◽  
Roberto Zotti

AbstractRegulators should ensure the smooth functioning of the system and promote regional development. Making the health of financial institutions is therefore a prerequisite for a sustainable economic development. This paper contributes to the literature on the relationship between the financial stability and growth within the area of one country. This implies that institutional, legal, and cultural factors are more adequately controlled for and financial markets are more accurately bounded. Using a rich sample of Italian banks over the 2001–2012 period, this paper addresses whether different measures of financial distress affect economic development of labour market areas in Italy. Results show that the financial stability has a positive effect on local economic development, robust to alternative variables capturing financial vulnerability. The presence of spatial effects is tested showing that better financial conditions of the banking system in neighbouring areas have a detrimental effect on an area’s growth.


Author(s):  
Matteo Cervellati ◽  
Uwe Sunde

This concluding chapter discusses this book's origins in the argument that the demographic transition is a key turning point for long-run development, not only in terms of a change in the regime of population dynamics toward low fertility and mortality, but also in the process of long-run economic development. The observed similarities in the transition process across space and time suggest that a better understanding of the reasons for such occurrences as the delay in the development of some countries might provide insights that are relevant beyond academic interest. The chapter argues that more interdisciplinary work between economists, demographers, and historians are needed to address the many facets that are covered only in passing, or not at all.


Author(s):  
Önder Nomaler ◽  
Bart Verspagen ◽  
Adriaan van Zon

This chapter addresses the relationship between structural change and the income distribution. It raises the question of whether structural change increases or decreases income inequality. The chapter presents a multi-sectoral model in the so-called canonical modelling tradition. In this model the distributional outcomes depend on the mix of the labour supply in different technology classes and skill biases in technological change. Whether structural change has an effect depends on the specific country. When it does have an effect, it mainly benefits high-skilled labour. The skill premium for high-skilled labour thus contributes to increased income inequality. Both the relative supply of skills and skill-based technological change tend to increase income inequality, though not in all countries.


1981 ◽  
Author(s):  
Robert Repetto ◽  
Tai Hwan Kwon ◽  
Son-Ung Kim ◽  
Dae Young Kim ◽  
John E. Sloboda

2011 ◽  
Vol 28 (1) ◽  
pp. 99 ◽  
Author(s):  
Shafiq Dhanani ◽  
Iyanatul Islam ◽  
Anis Chowdhury
Keyword(s):  

1982 ◽  
Vol 55 (4) ◽  
pp. 705
Author(s):  
Vincent H. Whitney ◽  
Robert Repetto ◽  
Tai Hwan Kwon ◽  
Son-Ung Kim ◽  
Dae Young Kim ◽  
...  

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