Showing posts with label China. Show all posts

2023/03/13

50. IDER 2023-3. Latin America, 1950-2021: International Report on Mexico, Colombia, Peru and comparison with China.

Graph 3 presents a comparison of 3 Latin American countries (México, Colombia and Peru) with China for the period 1950-2023.

Entry 50 by Maria-Carmen Guisan, Professor of Econometrics, Spain

We may notice that real Gross Domestic Product (GDP) per capita was much higher in these Latin American countries than in China for the period 1950-1980. After 1980 the increase of industrialization in China started to diminish the gap of GDP per capita with some Latin American countries and in the period 2015-2021 surpassed the values of Peru and Colombia and almost reached the value of Mexico in year 2021.

The graph shows an important increase of real GDP per capita in Mexico for the period 1950-1980 and a lower increase for 1980-2021. An interesting article by Moreno-Brid and Sanchez(2022), published in the journal RSES Vol. 22-2. highlights the positive impact of the industrialization policies of the period 1950-1980.

More information at the Entries 48 and 49 of this Blog and also at the following article in English, free downloadable at Ideas.Repec and Dialnet and in our Blog on Latin America and International Development in Spanish:

Article in English: Guisan, Maria-Carmen (2023). Economic Development in 8 Latin American Countries: Argentina, Brazil, Chile, Colombia, Cuba, Mexico, Peru and Venezuela. Applied Econometrics and Interntional Development Vol. 23-1.

Blog in Spanish on Latin America and International Development:

https://economiaydesarrollointernacional.blogspot.com

A telephon version, of the Website sidebar:

Labels

49. IDER 2023-2. Latin America, 1950-2021: International Report on Brazil and Chile and Comparison with China and Europe.

Entry 49 by Maria-Carmen Guisan, Professor of Econometrics, Spain

In Graph 2 of the study by Guisan(2023) we present the evolution of 2 Latin American countries: Brazil and Chile, with China and with 2 European countries (France and Spain).

We may notice that Chile had a value of real Gross Domestic Product (GDP) per capita close to Spain for the period 1955-1960 and that Brazil had a value close to Chile for the period 1975-1990.

Thanks to a higher level of industrialization, and other factors, Spain experienced a high increase of real GDP per inhabitant for the periods 1960-1975, 1985-1991, 1992.2007 with decrease and recovery for 2007-2021, and Chile for the period 1990-2018. China also experienced an important increase of industrialization and development since year 1990. reaching and surpassing Brazil by the period 2015-2021.

Accordingly to this study the level of industrialization has shown low incrase in many Latin American countries, while China and the World average have experienced a higher increase. While in 1950 the average of Manufacturing production per capta in Latin America was higher than the World average, in year 2000 both values were very alike and in year 2021 the World average was higher than the average of 8 Latin American countries.

More information at the Entries 48 and 50 of this Blog and at the following article in English, free downloadable at Ideas.Repec and at Dialnet, and in our Blog on Latin America and Intrnational Development in Spanish:

Blog in Spanish on Latin America and International Development:

https://economiaydesarrollointernacional.blogspot.com

A telephon version, of the Website sidebar:

Labels

2022/03/01

47. IDER-22-1 to 22-4. CO2 Total Emissions in the World 1970-2015 and other international development reports

Source: Guisan and Exposito(2020). Applied Econometrics and International Development, Vol.20-2

IDER 22. International Development Reports of year 2022

Final version published in Guisán(2025b), EcoDev 128. Initial version published in Entry 47 of https://euroamericanassociation.blogspot.com

IDER 22-1.CO2 Total Emissions in the World 1970-2015

It includes some contents of Total CO2 Emissions, Population and CO2 per capita, presented in the articles:

Guisan(2020) in AEID 20-1.

Guisan and Exposito (2020), AEID 20-1.

The article by Guisan and Exposito(2020) shows that 87% of increase in Total World CO2 Emissions, for the period 1970-2015, was due to Population Growth while the World average of CO2 Emissions per capita explains only 13% of the total increase. Besides it is important to have into account the effects of Wild Fires, because excluding the effect of those fires, the average per capita diminished from 4.23 to 4.0 Tm per inhabitant.

The empirical evidence shows that it is important to foster international cooperation for increase financial help to education in low income countries, because it is the best way to get sustainable development with moderation of high rates of population growth and improvement of economic development, health assistance and poverty eradication.

Under the Hypothesis of Population growth for the period 2025-2030, at the article by Guisan and Exposito are the following ones: 1) to reach 8.249 Bn people (the most moderated), 2) to reach 8733 millions (the highest of the 3 hypotheses of the article), there are important differences in development and environmental pollution. Under the hypotheses of increase of education and moderation of average fertility rates, there are more possibilities for poverty eradication and increase of real income per capita, health services and quality of life, as well as a moderation in the increase of Total CO2 and and other environmental problems.

The main industrialized countries of the European Union have diminished, not only in per capita terms, but also CO2 Total Emissions, given is moderate rate of population growth. Total Emissions of CO2 have diminished by 475 million Tms in a group of 6 industrialized European Countries (France, Germany, Italy, Switzerland, United Kingdom and Spain), for the period 1970-2015.

More information

EPA. United States Environement Protection. Agency. Gobal Greenhouse Gas Emissions Data.

IDER 22-2. Industrial Production by Sector in France, Germany, Spain and the United States, in year 2015.

A telephon version, of the Website sidebar:

Labels

2009/07/25

8. China, India and other other Asian Countries: Articles by Nobel Prize L.R. Klein and other authors, published by the Euro-American Association of Economic Development Studies, 2001-2005

Professor Lawrence R.Klein. Univestiy of Pennsylvania (USA).

Laureate Nobel Prize of Economics 1980 and Honrary Member of our Association since year 2001 until his much-felt passing in 2013.

Entry 8 by Maria-Carmen Guisan, Professor of Econometrics, Spain

Articles published in our journal AEID (Applied Econometrics and International Development) for the period 2001-2005, were free downloadable through Ideas.Repec and Dialnet (until 4th May of 2026, and we expect to fix a temporary informatic problem to get again the links since June of 2026).

We highlight the interesting article by Nobel Prize Lawrence R. Klein, including the link to the pdf available at SSRN.

KLEIN, L.R. (2004). "China and India: Two Asian Economic Giants, Two Different Systems" AEID Vol. 4-1.

China and India: Two Asian Economic Giants, Two Different Systems

Applied Econometrics and International Development, Vol. 4, No. 1, 2004

13 Pages Posted: 17 Aug 2008

Lawrence R. Klein

University of Pennsylvania

Abstract

In this essay, I am going to focus attention on China and India as new economic juggernauts that are having great influence at the present time. Of course, those two powerful economies may be joined by others that are large and dynamic at the present time, but movements of others do not come up to the pace being set by the above two Asian economic giants. The Chinese economy has exceeded expectations since 1978 by the widest of margins. It is prosperous; it overcame the food supply matter at the beginning; it is now delivering middle class and upper middle class living conditions to its citizens. India is joining the high-growth club of nations, but in their own way, as a democratic nation. Politically and culturally, the two nations differ markedly, but economically they have some great similarities.

Keywords: Economic Growth in China, Economic Growth in India

JEL Classification: O53

Suggested Citation:

Klein, Lawrence R., China and India: Two Asian Economic Giants, Two Different Systems (August 15, 2008). Applied Econometrics and International Development, Vol. 4, No. 1, 2004, Available at SSRN: https://ssrn.com/abstract=1229662

Links to other Entries of this Blog, with photos related with Lawrence R. Klein

Entry 23.1. Klein in Spain

Entry 63.25th Anniversary of the Euro-American Association of Economic Development Studies

Updated on 20th April-2024:

Studies on China and India published by the Blog´s coordinator, Professor Matia-Carmen Guisan, free downloadable at Ideas.Repec, for the years 2021-202.

Year 2024: Chapter in the Book by Guisan(2024): Education, Freedom, International Development and Quality of Life, 2001-2023. More information at Entry 53 of this Blog.

Chapter 6 available at Ideas.Repec: EE-chapters

Chapter 6. Development Studies of Asia and Oceania, 2001-2023

6.1. Studies of 2004-2020: Investment and Development ………………………. 101

6.2. Development of India and China, 1950-2020 ……………………………….. 105

6.3. Studies of 2021 and 2022: Quality of Life in Asia and Pacific ……………… 106

Article on India and China published in AEID Year 2021-2024

Employment by Sector and Development in India for 1950-2020 and International Comparisons with China and OECD Countries, Guisan, M.C. Abstract

Entry 8: articles related with China and India published in AEID for the period 2001-2005

List of articles on China, India and other Asian countries published in AEID, 2001-2005 and free downloadable at http://www.usc.es/economet/aeid.htm are:

Year 2005.
* Foodgrain Price Policies in India: The Effects on Foodgrain Production and Rural Poverty 1951-2001
Vol. 5, No. 3, 2005, Edgar J. Wilson
* Intra-Industry Trade in Manufactures between Thailand and Other Asia Pacific Economic Cooperation (APEC), Countries, Vol. 5, No. 4, 2005 Sujinda Chemsripong , Julie Lee and Frank W. Agbola
*The Sources and Dynamics of Inflation in Indonesia: An Ecm Model Estimation for 1952-2002, Vol. 5, No. 4, 2005 Akhand Akhtar Hossain
* Trade Reforms and Economic Integration in South Asia: SAARC to SAPTA, Vol. 5, No. 4, 2005 Mamta B. Chowdhury
*What's Happening to Per Capita GDP in the ASEAN Countries?. An Analysis of Convergence, 1960-2001, Vol. 5, No. 3, 2005 Khorshed Chowdhury
*Financing Rural Infrastructure in Developing Countries: The Case of India, Vol. 5, No. 2, 2005 Indira Rajaraman
Year 2004
*Does the Balassa-Samuelson Hypothesis Hold for Asian Countries? An Empirical Analysis Using Panel Data and Cointegration Tests, Vol. 4, No. 4, 2004, Imed Drine and Christophe Rault
*Human Capital, Trade and Development in India, China, Japan and Other Asian Countries, 1960-2002: Econometric Models and Causality Tests, Vol. 4, No. 3, 2004 Maria-Carmen Guisan
Indian Economy in the Next Five Years: Key Issues and Challenges, 2005-2009, Vol. 4, No. 4, 2004 Krishna Chaitanya V.
* Modelling Export Activity of Eleven APEC Countries, 1978-1997, Vol. 4, No. 4, 2004 Laszlo Matyas , Laszlo Konya and Mark N. Harris
* Budget Deficits and Other Macroeconomic Variables in India, Vol. 4, No. 1, 2004 Srivyal Vuyyuri and S. Venkata Seshaiah
* China and India: Two Asian Economic Giants, Two Different Systems, Vol. 4, No. 1, 2004 Lawrence R. Klein
* Dynamics of Exchange Rate Fluctuations between Yen and the Us-Dollar, Vol. 4, No. 1, 2004 T. Obara
* Linkages of Indian Interest Rates with US and Japanese Rates, Vol. 4, No. 2, 2004 Srivyal Vuyyuri
Year 2003
* Application of Langevin Equation in Econometrics to the Interaction between the Exchange Rates of Japan and South Korea, Vol. 3, No. 3, 2003 T. Obara
* Competitiveness, Productivity and Export Performance of Indian Private Firms, Vol. 3, No. 3, 2003 Lakshmi K. Raut
* Education, Industry, Trade and Development in Asia-Pacific Countries in 1980-99, Vol. 3, No. 2, 2003 Maria-Carmen Guisan and Pilar Exposito
Year 2002
* The Impact of Foreign Banks on Market Concentration: The Case of India, Vol. 2, No. 1, 2002, Milind Sathye
Year 2001
* Economic Development of African and Asia-Pacific Areas in 1951-99, Vol. 1, No. 2, 2001, Maria-Carmen Guisan , Pilar Exposito

Main page of the Blog: http://euroamericanassociation.blogspot.com