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The desirability of WTO membership for China depends on whether its economic successes have been the result of its … advanced member of WTO. If the experimentalist interpretation of China''s phenomenal growth is correct, then WTO membership is … constrain China''s scope for experimentation. But if the experimentalist interpretation is wrong, then WTO membership is a …
Persistent link: https://www.econbiz.de/10008620416
This article discusses China’s incremental approach to SOE reform, the difficulties of continuing this approach as the …
Persistent link: https://www.econbiz.de/10010721249
early 1990’. In the absence of an adequate outline for de-monopolization and privatization of the economy, the …
Persistent link: https://www.econbiz.de/10008876890
This paper constructs a growth model that is consistent with salient features of the Chinese growth experience since 1992: high output growth, sustained returns on capital investments, extensive reallocation within the manufacturing sector, falling labor share and accumulation of a large foreign...
Persistent link: https://www.econbiz.de/10005123794
Our work contributes to the literature relating output structure and economic development by showing that growth gains from upgrading are not unconditional. Relying on data from a panel of Chinese cities, we show that the level of capabilities available for domestic firms operating in ordinary...
Persistent link: https://www.econbiz.de/10010827749
We propose the first evaluation using micro-level data of the expected growth gains from the consistency of activities with local comparative advantage. Using firm level data from Chinese customs over 2000-2006, we investigate the relationship between the export performance of firms and how...
Persistent link: https://www.econbiz.de/10010827771
The transition to a market economy in Bulgaria is a complex process that requires the privatisation of the economy. But, privatisation is not enough. Transition means a deep institutional change that has to do with the transformation of the behaviour economic agents. This article analyses the...
Persistent link: https://www.econbiz.de/10004990009
economies. However, there has been a lack of empirical study of this kind on China and other developing countries. This paper … attempts to fill this gap by answering how and to what extent oil-price shocks impact China’s economy, emphasizing on the price … differentiated price control policies for materials and intermediates on the one hand and final products on the other hand in China …
Persistent link: https://www.econbiz.de/10005835871
This paper aims to examine the impacts of sectoral price control policies on oil price pass-through into China … that restrict the functioning of a price pass-through mechanism during oil-price shocks. Using the models of both China and … the US, we separate the impact of price control from that of other factors leading to China's price stickiness under oil …
Persistent link: https://www.econbiz.de/10010703091
Despite rapid economic integration and massive help from the Federal Government East German productivity catching up faded out in the nineties. This paper presents panel-data estimates of the productivity adjustment based on a production function framework and a stylized adjustment model of the...
Persistent link: https://www.econbiz.de/10010907942