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may affect policy learning and policy outcomes. We aim to describe and understand China's policy experimentation since … conducted in China over the past four decades. We find three main results. First, more than 80% of the experiments exhibit … national policies originating from the experimentation. Taken together, these results suggest that while China's bureaucratic …
Persistent link: https://www.econbiz.de/10012660080
This paper studies the employment and productivity implications of new labor regulations in China. These new …
Persistent link: https://www.econbiz.de/10012460711
China eventually becomes the world's saver and, thereby, the developed world's savoir with respect to its long …In previous studies that excluded China we predicted that tax hikes needed to pay benefits along the developed world …'s demographic transition would lead to capital shortage, reducing real wages per unit of human capital. Adding China to the model …
Persistent link: https://www.econbiz.de/10012467008
This paper estimates the effects of maternal malnutrition exploiting the 1959-1961 Chinese famine as a natural experiment. In the 1% sample of the 2000 Chinese Census, we find that fetal exposure to acute maternal malnutrition had compromised a range of socioeconomic outcomes, including:...
Persistent link: https://www.econbiz.de/10012465266
-development institutions, how should one understand why Imperial China, with weaker rule of law and property rights, gave the commoners more … differences in the power structure of society: (1) the Ruler enjoyed weaker absolute power in Europe; (2) the People were more on … par with the Elites in China in terms of power and rights. Based on these narratives, we build a game-theoretical model …
Persistent link: https://www.econbiz.de/10012482621
Weak institutions ought to deter foreign direction investment (FDI), and mass media stories highlight China …'s institutional deficiencies, yet China is now one of the world's largest FDI destinations. This incongruity characterizes China …'s paradoxical growth. Cross-country regressions show that China's FDI inflow is not exceptionally large, given the quality of its …
Persistent link: https://www.econbiz.de/10012465214
research on China. Second, we document, through various empirical methods, the robust findings about striking patterns of trend … offers a constructive framework for studying China's modern macroeconomy …
Persistent link: https://www.econbiz.de/10012457423
China presents several macroeconomic patterns that appear inconsistent with standard stylized facts about economic …
Persistent link: https://www.econbiz.de/10012459000
cross-provincial variation in institutional quality in China, and export data that distinguishes between foreign and …
Persistent link: https://www.econbiz.de/10012460929
This paper estimates the marginal returns to college for individuals induced to enroll in college by different marginal policy changes. The recent instrumental variables literature seeks to estimate this parameter, but in general it does so only under strong assumptions that are tested and found...
Persistent link: https://www.econbiz.de/10012462183