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Economic Convergence in Seven Asian Economies
Haizheng Li
Zhenhui Xu
出版
SSRN
, 2007
URL
http://books.google.com.hk/books?id=d8DgzwEACAAJ&hl=&source=gbs_api
註釋
The impressive economic growth in a select group of Asian economies in the last several decades prompts some to argue that authoritarianism helps rapid economic growth while democracy hampers it. In this paper, we used the panel data approach to test this hypothesis for seven Asian economies, including South Korea, Singapore, and China. Our results reject the strong version of this hypothesis but fail to reject the weak version of it. Specifically, we found insignificant impacts of political freedom but significant effects of economic freedom on advancing economic convergence in these economies.
