The Chinese government has established policies to promote its industrial sectors and to develop coastal provinces since the late 1978. To investigate the extent and reason the output growth in China has been influenced by these policies, an error-component model is employed to decompose the...

Despite voluminous studies, the growth effects of international financial integration remain unresolved. Recent studies have shown that the effects depend on a wide variety of factors including the level of economic and financial development, the type of financial flows (debt or equity), the...