The investment-intensive growth model of the People's Republic of China (PRC) is often viewed as state-driven and …

China is, or will also be, confronted with such a trap. This paper analyzes the Chinese MIT situation taking into account … only survey the recent literature, but also make our own MIT forecasts and analyze under which condi-tions China could be …

This paper develops a stylized multi-sector growth model of China's economy. We choose a neoclassical modeling approach … and focus on the reform process under Deng Xiaoping as China's main growth driver since 1978. Following the literature, we …-trade reform period (1992-present). Reflecting the neoclassical view, our model explains China's growth process since 1978 as a …

China has been growing at high rates during the previous three decades. The current process of rebalancing from an … rates. We show that China's current state of structural change in terms of sectoral employment shares is similar to the … historical developments in Japan and South Korea. We derive plausible scenarios for future growth rates in China and (by …

on the institution-economic growth nexus within a particular country, namely China. China is often regarded as an … economic success of a province in China, even more important than geographical factors and integration. However, when …

China is currently experiencing a structural change toward tertiarization and an implied growth slowdown associated … with it. The paper investigates whether this growth slowdown is merely cyclical or a negative trend, and further what China … in recent decades. The pitfalls of the current ``soft'' rebalancing policy in China are analyzed in the context of this …

We analyze and compare the pattern of economic growth and development of China and South Korea in the postwar period … potentially valuable lessons for China. The Asian giant moved from low income to middle income very quickly but now faces the … challenge of graduating to high income. In this paper, we empirically assess the main drivers of economic growth in China and …

We analyze and compare the patterns of economic growth and development in China, Korea, and Japan in the post … offer potentially valuable lessons for China. China is following a structural change that Korea and Japan underwent decades … for China and Korea than for Japan. Our hypothesis tests show that the estimated Cobb-Douglas production functions display …