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In this paper, we investigate the root cause for large MSMEs finance gap. We advance five propositions for the mechanism through which the distorted financial structure generated by a comparative-advantage-defying strategy leads to large MSMEs finance gap. We then use panel data from 115...
Persistent link: https://www.econbiz.de/10013270174
sustained growth in the People's Republic of China (PRC) in the long run. We argue that the PRC has the potential to sustain …
Persistent link: https://www.econbiz.de/10011255218
agricultural rationing, we first check if the model stands up to China's data from 1949-1992, we find that the importance of … consumption is also less than that of investment. Such findings are consistent with the reality of China. …
Persistent link: https://www.econbiz.de/10009363296
as Japan, newly industrialized economies (NIEs) in East Asia, and recently the People's Republic of China (PRC) and Viet …
Persistent link: https://www.econbiz.de/10009363499
Deflationary expansion has puzzled economists both in and outside China. We study this business cycles phenomenon … variables. The high steady state of growth could be explained by the current institutional environment of China. …
Persistent link: https://www.econbiz.de/10009363924
At the beginning of transition from the socialist planning economy to a market economy, China did not have a modern … economics profession and the contribution of modern economics to China's transition was little. However, there has been …, the China Center for Economic Research (CCER) at Peking University was built in 1994 with the initial supports and …
Persistent link: https://www.econbiz.de/10009365225
Since the economic reforms began in 1978, China has achieved remarkable economic results. Real GDP per capita grew at …
Persistent link: https://www.econbiz.de/10009365269
This paper examines China and Africa co-operation from the angle of structural transformation as a major driver of … growth and job creation. Being a bit ahead in the structural transformation process, China can provide ideas, tacit knowledge …
Persistent link: https://www.econbiz.de/10010766033