We estimate the effect on economic development of China's industrial policy, in particular, the establishment of …

We evaluate the role that cities play on individual productivity in China. First, we show that location explains a … external markets does not. Therefore, large agglomeration economies prevail in China and they are more localised than in … China. …

In this paper we provide an overview of China’s human capital strategy and educational achievements over the last two … decades. While every one acknowledges China as an economic superpower, very few are aware of or realize China’s notable … Chinese modern higher education system China has made tremendous strides in education both domestically and internationally …

China’s economic reforms have resulted in spectacular growth and poverty reduction. However, China’s institutions look … ill-suited to achieve such a result, and they indeed suffer from serious shortcomings. To solve "China puzzle" this paper … analyses China’s institution - a regionally decentralized authoritarian system. The central government has control over …

Our paper is an attempt to define the contours of the right macroeconomic strategy for China. In a nutshell, we believe …

We study economies of scale in banking by viewing banks as combinations of financial and human capital that create … proxies for funding efficiency and presence in wholesale banking activities greatly reduces the pure size effect. …