In the era of knowledge economy, critical knowledge and technologies are key to enterprise competition. Huawei and ZTE are well known as top Chinese communication equipment suppliers. Both have paid great attention to intellectual property protection, and have applied a great amount of patents...

Government policies that impose restrictions on the size of large establishments or firms, or promote small ones, are widespread across countries. In this paper, we develop a framework to systematically study policies of this class. We study a simple growth model with an endogenous size...

Since the Third Plenary Session of the Eleventh Central Committee of the Communist Party of China, the central authorities have adopted a series of measures to effect a comprehensive readjustment of the national economy, carried out the economic structural reform step by step and in a planned...

It is a consistent thinking of Comrade Chen Yun's that in China's socialist economy, the planned economy is primary and market regulation supplementary. In the early period after the founding of the People's Republic, he advanced the idea that planned production should play a major role and free...

The present paper contributes in existing economic literature by investigating the validation of the Keynesian Absolute Income hypothesis in Pakistan by applying the ARDL approach to cointegration. The findings of this paper indicate the validation of the Keynesian absolute income hypothesis in...

The present paper contributes in existing economic literature by investigating the validity of the Keynesian Absolute Income hypothesis in Pakistan by applying the ARDL approach to cointegration. The findings of this paper validate the Keynesian absolute income hypothesis in Pakistan, where...

This paper contributes to the literature by exploring the relationship between financial development, economic growth and trade openness in case of Bangladesh over the period 1975Q1-2011Q4. The ARDL bounds testing approach to cointegtaion and the innovative accounting approach for causality are...