1.

Record Nr.

UNINA9910967716903321

Autore

Lipschitz Leslie

Titolo

A Real Model of Transitional Growth and Competitiveness in China / / Leslie Lipschitz, Genevieve Verdier, Celine Rochon

Pubbl/distr/stampa

Washington, D.C. : , : International Monetary Fund, , 2008

ISBN

9786612840548

9781462317462

1462317464

9781452784403

145278440X

9781451869606

1451869606

9781282840546

1282840541

Edizione

[1st ed.]

Descrizione fisica

1 online resource (36 p.)

Collana

IMF Working Papers

Altri autori (Persone)

RochonCeline

VerdierGenevieve

Disciplina

338.28394

Soggetti

Economic development - China - Econometric models

Investments, Foreign - China - Econometric models

Aggregate Factor Income Distribution

Exports and Imports

Finance

Foreign direct investment

Geographic Labor Mobility

Immigrant Workers

Income economics

Income

International Investment

Investments, Foreign

Labor economics

Labor Economics: General

Labor mobility

Labor

Labour

Long-term Capital Movements

Macroeconomics

Wages

Wages, Compensation, and Labor Costs: General



China Economic conditions Econometric models

China Economic policy Econometric models

China, People's Republic of

Lingua di pubblicazione

Inglese

Formato

Materiale a stampa

Livello bibliografico

Monografia

Note generali

"April 2008."

At head of title: IMF Institute.

Nota di bibliografia

Includes bibliographical references (p. 28-30).

Nota di contenuto

Contents; I. Introduction; II. Stylized Facts; III. Model; A. Households; B. Firms; C. Exogenous Shocks; D. Equilibrium; IV. Results; A. Calibration; B. Impulse Response Functions; C. Simulation; D. Transition to Steady State; V. Conclusion; Tables; 1. National Saving Rate, 2006; 2. Relative Hourly Wage in Manufacturing, Selected Economies, 2002; 3. Income of Urban and Rural Households and the Urban-Rural Gap (RMB); 4. Summary Indicators of Saving and Investment; Figures; 1. Net Capital Flows into China; 2. Saving and Investment; 3. Productivity Shock; 4. Foreign Interest Rate Schock

5. Foreign Output Shock 6. Transition to Steady State when 10/l* = z0/z* = 0.9; 5. Convergence and Transition Half Life α = 1; 6. Convergence and Transition Half Life α = 1; 7. Simulation Results; References; Appendix

Sommario/riassunto

We present a stylized real model of the Chinese economy with the objective of explaining two features: (1) domestic production is highly competitive in the sense that an accumulation of capital that raises the marginal product of labor elicits increases in employment and output rather than only in wages; and (2) even though the domestic saving rate is high, foreign direct investment is also substantial. We explain these features in terms of a conventional neoclassical growth model-with no monetary or nominal exchange rate policy-by including two aspects of the economy explicitly in the model: (1) low production wages are sustained by a large reserve army of rural labor which drives internal migration, and (2) domestic capital is distinct from importable capital and complementary with it in production. The results suggest that underlying real phenomena are important in explaining recent history; while nominal renmimbi appreciation may dampen price and wage increases, it would probably not change the real factors that have sustained rapid growth.



2.

Record Nr.

UNINA9910131971003321

Autore

Bertrand Gilles

Titolo

Le grand tour revisité : pour une archéologie du tourisme : le voyage des français en Italie (milieu XVIIIe siècle-début XIXe siècle

Pubbl/distr/stampa

Publications de l’École française de Rome, 2008

[Place of publication not identified], : Publications de l'École française de Rome, 2008

ISBN

2-7283-1029-7

2-8218-2076-3

Descrizione fisica

1 online resource (viii, 791 pages)

Collana

Collection de l'École française de Rome ; ; 398

Soggetti

Regions & Countries - Europe

History & Archaeology

Italy

Italy Description and travel

Lingua di pubblicazione

Francese

Formato

Materiale a stampa

Livello bibliografico

Monografia

Note generali

Bibliographic Level Mode of Issuance: Monograph

Nota di bibliografia

Includes bibliographical references and indexes.

Sommario/riassunto

Étape la plus emblématique du Grand Tour que les élites européennes accomplissaient au XVIIIe siècle, le voyage en Italie ne se réduit pas à une expérience de jeunes nobles complétant leur éducation. En temps de paix comme à la faveur des guerres, des Français de tous âges ont traversé les Alpes ou pris la mer avec les buts les plus variés. Riches ou pauvres, guidés par des modèles qui canalisaient leurs attentes, ils ont contribué à transformer le visage d'une terre engagée dans le processus unitaire en inventant des capitales, comme Milan, et en parcourant les Alpes ou le Sud marqué par les restes antiques. Terre des arts, de la culture classique et du catholicisme, l'Italie des Lumières est alors devenue le «laboratoire» d'une connaissance plus systématique de la nature, des hommes et de l'organisation des sociétés. Mais tandis que l'encyclopédisme fit place au seuil du XIXe siècle à des savoirs plus spécialisés, nobles et marchands, artistes et gens de lettres renouèrent avec un regard simplificateur et stéréotypé et le voyageur du XVIIIe siècle se mua en un touriste pressé et



conquérant. C'est pour mieux comprendre le passage de ces formes complexes du voyage vers le tourisme que la présente enquête s'est attachée à dépouiller les guides, récits et journaux de voyage laissés par les Français sur l'Italie entre 1750 et 1815.