According to the author, the incredible development of township and village enterprises (TVEs) is one of the major economic achievements of China since it introduced the policies of economic reform and opened up to the outside world. He presents a general picture of the development of TVEs in...

This paper aims to examine the impacts of oil-price shocks on China's price levels. To that end, we develop a partial transmission input-output model that captures the uniqueness of the Chinese market. We hypothesize and simulate price control, market factors and technology substitution - the...

This paper aims to examine the impacts of oil-price shocks on China's price levels. To that end, we develop a partial transmission input-output model that captures the uniqueness of the Chinese market. We hypothesize and simulate price control, market factors and technology substitution - the...