In 1978, China began to open its door to the outside world. After three decades of step-by-step reform, the country has developed into the world’s fourth largest economy with a growth rate continuing in the double digit. What has been the nature of China’s reform? What achievements have been...

Firm heterogeneity has been extensively linked to patterns in market engagement, particularly where foreign markets are concerned. Recent studies have extended the effects of firm heterogeneity to political markets, identifying its influence on policy stances and engagement in the policy...

The role of regulatory quality as one of the so-called deep determinants of growth has emerged as an important issue in economic research in the past 20 years. The positive or negative growth effects of a countryś regulatory framework are amplified by economic integration, which makes factors...