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. Non-convergence traps are more likely when policies and institutions are endogenized, enabling beneficiaries of existing …
Persistent link: https://www.econbiz.de/10005789082
We estimate the effect on economic development of China's industrial policy, in particular, the establishment of Special Economic Zones (SEZ). We use data from a panel of 276 Chinese cities and prefectures from 1988 to 2010. Our difference-in-difference estimator exploits the variation in the...
Persistent link: https://www.econbiz.de/10011084232