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in the use of indirect inference to estimate and test the fitted model. We find that the main shocks that hit China in …
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financial development (consisting of bank, bond and stock markets' development) and economic growth in China and the channels …
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financial development and economic growth at the city level in China. Our results from both traditional cross … a state-ruled banking sector, such as that in China, hinders economic growth because of the distorting nature of the … government. Since we focus on the years after China's accession to the World Trade Organization (WTO) in 2001 while the existing …
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has contributed to economic growth in China. For this purpose, we utilize well-known financial development indicators and …
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in China. Ordinary Least Square (OLS) multiple regressions are applied on a set of data from China for the period 1978 to … studies as it uses up-to-date data (1978-2013) from China capturing the effects of financial development on economic growth in …
Persistent link: https://www.econbiz.de/10013003387
China passed a law of trusts in 2001 intending it to be useful to financial market participants. Drawing heavily from … institutionalized in China. The conclusion is that a legislature's passing of a trust law does not alone make the trust an institution … provisions in China's Trust Law are unclear, and this prevents the law from functioning with predictability. Further, there is …
Persistent link: https://www.econbiz.de/10013013430
This paper aims to extend the literature on the impacts of China's policies on the world energy-growth nexus by … support that China's CO2 emission and financial development promote world energy consumption. In regard to the four world … regions, heterogeneous results were observed. Overall, China's financial development and CO2 emissions also have heterogenous …
Persistent link: https://www.econbiz.de/10012631468