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Based on micro-firm data of development zones in Jiangsu Province along the Yangtze River, the effects of local factors special to development zones and of technology promotion on firm’s performance are tested, from which we try to illustrate the nature and dynamics of industrial clusters...
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English Abstract: In recent years, the spectacular expansion of China's shadow banking attracts broad attention from … utilize detailed aggregate data of China's shadow banking from Li (2019) to conduct empirical tests of above analysis. The …
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