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Public Economics

SelectedWorks

Development Economics

2010

Articles 1 - 2 of 2

Full-Text Articles in Macroeconomics

Intra-Provincial Inequalities And Economic Growth In China, Joanna Gravier-Rymaszewska, Joanna Tyrowicz, Jacek Kochanowicz Jan 2010

Intra-Provincial Inequalities And Economic Growth In China, Joanna Gravier-Rymaszewska, Joanna Tyrowicz, Jacek Kochanowicz

Joanna Tyrowicz

This paper approaches the problem of inequalities in China. It is specifically focused on analyzing the effects of intra-provincial disparities on the development of the 28 mainland provinces in China. Intra-provincial inequalities, as measured by Theil index, seem positively related to growth, albeit the results are only convincing for the coastal provinces. A case by case analysis, however, suggests highly diversified patterns, including linear or an inverted u-shape for fastest growing coastal provinces and virtually no relationship for the majority of regions. The results corroborate some earlier raised questions about actual policy-making standards in China.


Saving Less When There Is More? Foreign Debt And Domestic Savings In Developing Countries, Joanna Tyrowicz, Luke Okafor Emeka Jan 2010

Saving Less When There Is More? Foreign Debt And Domestic Savings In Developing Countries, Joanna Tyrowicz, Luke Okafor Emeka

Joanna Tyrowicz

Although literature has given considerable attention to the effects of foreign debt on the growth, we still know little about its effects on the internal potential for capital formation. Literature suggests a number of channels through which availability of foreign financing could affect domestic savings. We test empirically this relationship using data for Sub-Saharan Africa and Latin America and the Caribbean over 1975-2004. Controlling for endogeneity, we find that foreign debt adversely influences domestic savings especially in the long run. The results are not susceptible to the choice of countries, although few outliers should be noted.