Killing the goose that lays the golden egg: Institutional change and economic growth in Hong Kong

Economic Inquiry

Volumn 45, Issue 4, 2007, Pages 787-799

  Groenewold, Nicolaas ^a   Tang, Sam Hak Kan ^a  

^a UNIVERSITY OF WESTERN AUSTRALIA   (Australia)

Author keywords

[No Author keywords available]

Indexed keywords

EID: 35348952620     PISSN: 00952583     EISSN: 14657295     Source Type: Journal    
DOI: 10.1111/j.1465-7295.2007.00044.x     Document Type: Article

References (22)

1. Acemoglu, D., S. Johnson, and J. A. Robinson. "Colonial Origins of Comparative Development: An Empirical Investigation". American Economic Review, 91, 2001, 1369 401.
2. Acemoglu, D., S. Johnson, J. A. Robinson, and Y. Thaicharoen. "Institutional Causes, Macroeconomic Symptoms: Volatility, Crises and Growth". Journal of Monetary Economics, 50, 2003, 49 123.
3. Atkins, F. J., and P. J. Coe. "An ARDL Bounds Test of the Long-Run Fisher Effect in the United States and Canada". Journal of Macroeconomics, 24, 2002, 255 66.
4. Barro, R. "Democracy and Growth". Journal of Economic Growth, 1, 1996, 1 27.
5. Borner, S., A. Brunetti, and B. Weder. Political Credibility and Economic Development. New York : Macmillan Press, 1995.
6. Granger, C. W. J. "Investigating Causal Relations by Econometric Models and Cross-Spectral Methods". Econometrica, 37, 1969, 424 38.
7. Groenewold, N., and S. H. K. Tang. "The Asian Financial Crisis and the Natural Rate of Unemployment: Estimates from a Structural VAR for the Newly Industrializing Economies of Asia". Pacific Economic Review, 9, 2004, 45 64.
8. Hall, R. E., and C. I. Jones. "Why Do Some Countries Produce So Much More Output per Worker than Others?" Quarterly Journal of Economics, 114, 1999, 83 116.
9. Helliwell, J. "Empirical Linkages between Democracy and Economic Growth". British Journal of Political Science, 24, 1994, 225 48.
10. Ho, L. S., and G. Wong. "Privatization of Public Housing". Contemporary Economic Policy, 24, 2006, 262 73.
11. Hong Kong Monthly Digest of Statistics. Hong Kong SAR : Hong Kong Census and Statistics Department various issues.
12. ICRG. Brief Guide to the Rating System. www.ICRGonline.com, 2004. Accessed Jan 30, 2007.
13. Jones, E. L. The European Miracle: Environments, Economics and Geopolitics in the History of Europe and Asia. Cambridge, UK : Cambridge University Press, 1981.
14. Knack, S., and P. Keefer. "Institutions and Economic Performance: Cross-Country Test Using Alternative Measures". Economics and Politics, 7, 1995, 207 27.
15. Mauro, P. "Corruption and Growth". Quarterly Journal of Economics, 110, 1995, 681 712.
16. North, D. C. Structure and Change in Economic History. New York : W.W. Norton & Co., 1981.
17. North, D. C., and R. P. Thomas. The Rise of the Western World: A New Economic History. Cambridge, UK : Cambridge University Press, 1973.
18. Pesaran, M. H., Y. Shin, and R. J. Smith. "Bounds Testing Approaches to the Analysis of Level Relationships". Journal of Applied Econometrics, 16, 2001, 289 326.
19. Rodrik, D. "Institutions for High-Quality Growth: What They are and How to Acquire Them". National Bureau of Economic Research Working Paper Series 7540, 2000.
20. Standard and Poor Press Release. "Hong Kong's Fiscal Budget for 2003: The First Step of a Long Journey." Ming Pao, Hong Kong, 16 March 2003.
21. Tavares, J., and R. Wacziarg. "How Democracy Affects Growth". European Economic Review, 45, 2001, 1341 78.
22. Zivot, E., and D. W. K. Andrews. "Further Evidence on the Great Crash, the Oil-Price Shock, and the Unit-Root Hypothesis". Journal of Business & Economic Statistics, 10, 1992, 251 70.