Our paper explores the challenges of industrial development by examining two contrasting theoretical frameworks: (i) the mainstream economic approach which emphasizes capital accumulation, innovation, and profit maximization within a globalized context, and (ii) the classical institutional...

Improving the aggregate energy efficiency is consequential for China's sustainable development and carbon dioxide reduction, but there lacks a systematic analysis of China's energy intensity long-term changes. China's energy intensity fell sharply by 74.7% with great heterogeneity across regions...

The article raises the issue of using the historical experience of planning initiated by the establishment of the State Planning Committee in Soviet Russia in 1921. Of course, literal borrowing of the Soviet directive planning model is out of the question. However, it has also been proved in...