Suchergebnisse

Cover -- Half Title -- Title Page -- Copyright Page -- Contents -- List of Figures -- List of Tables -- Acknowledgements -- Chapter 1 Introduction -- PART I PRIVATE ENTERPRISES AND ECONOMIC DEVELOPMENT -- Chapter 2 Higher Efficiencies or Resource Reallocation? -- Chapter 3 Size of the State-Owned Sector and Regional Growth in China -- Chapter 4 Resource Allocation and Economic Growth in China -- PART II GOVERNMENT AND PRIVATE ENTERPRISES -- Chapter 5 Government and Private Enterprises: Wenzhou Experiences -- Chapter 6 Property Rights Developments and Productivity Gains in China: A Law and Economics Perspective -- Chapter 7 Evolution of Economic Development: Entrepreneurs, Market, and the State -- Chapter 8 Private Enterprise Development and Governmental Functions -- PART III FINANCIAL REFORMS, OPENNESS, AND PRIVATE ENTERPRISE DEVELOPMENT -- Chapter 9 Causes of the Non-Performing Loan Piling-Up in the Late 1990s: A Research Note -- Chapter 10 Public Venture Capital: Understanding the US and Chinese Experiences -- Chapter 11 The Challenges China's Private Enterprises Face in the WTO -- PART IV OWNERSHIP REFORMS AND PRIVATIZATION -- Chapter 12 The Privatization of Russian State Industry: Some Lessons for China -- Chapter 13 Politician Control, Agency Problems, and Ownership Reform: Evidence from China -- Chapter 14 Hospital Ownership: What can China Learn from the US Experience? -- PART V CORPORATE GOVERNANCE AND EFFICIENCY -- Chapter 15 Corporate Governance and the Development of Private Enterprise in China -- Chapter 16 The Productivity Efficiency of State-Owned Enterprises in China -- Chapter 17 The Prospect of Private Economy in China

This paper analyses the relationship between per capita GDP growth and investment, foreign direct investment, labour force growth, government expenditure and urban infrastructure based on the data for 189 large and medium-sized Chinese cities for the period of 1991-98. Cross-sectional analyses indicate that several factors, such as foreign investment, paved roads and government expenditure on science and technology are positively related to per capita GDP growth, while the overall size of government, measured by total government spending share in GDP, appears negatively related to per capita GDP growth. Contrary to the literature on economic growth, total investment share in GDP is insignificantly related to per capita GDP growth. Also, there is no clear evidence of convergence in per capita GDP among Chinese cities.

This paper empirically examines the relationship between government foreign debt and the growth rate of per capita GDP based on a total sample of 77 countries, as well as sub‐samples of various regions. Cross‐sectional estimates of the coefficient of foreign debt based on the total sample have a negative sign, but are not always statistically significant. Available data from African countries indicate that foreign debt and the growth rate of per capita GDP were negatively related at a high level of significance. For industrialized and Latin American sub‐samples, this relationship is negative but statistically insignificant. The sub‐sample Asian and other developing countries show a positive but insignificant relationship.JEL classification: F34, H6, O23.