Demetriades, Panicaos; Du, Jun; Girma, Sourafel; Xu, … - Department of Economics, Mathematics and Statistics, … - 2008
Using a large panel dataset of Chinese manufacturing enterprises during 1999-2005, which accounts for over 90% of China’s industrial output, and robust econometric procedures we show that the Chinese banking system has helped to support the growth of both firm value added and TFP. We find that...