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We document a process of rapid tertiarization of the Chinese economy since 2005. The employment and value-added shares of the service sector have increased significantly. Moreover, total factor productivity growth has increased faster in the service sector than in the manufacturing sector....
Persistent link: https://www.econbiz.de/10013334489
forward. In this paper I illustrate this idea with a study of the People's Republic of China. Under the plan, prices were …
Persistent link: https://www.econbiz.de/10012470915
Starting in the late 1990s, China undertook a dramatic transformation of the large number of firms under state control …
Persistent link: https://www.econbiz.de/10012457662
We discuss China's stance in the WTO post-accession, noting the many issues with implementation of China's accession … terms by 2007. We evaluate how much benefit China can realistically receive from WTO membership given current problems with … dumping actions against China and trade restrictions against textile and apparel exports. We discuss emerging WTO and non-WTO …
Persistent link: https://www.econbiz.de/10012468044
This paper documents and assesses the significance of the policy changes in China that WTO accession implies in 3 key … implementation of China's WTO commitments, and following dispute settlement might retaliate in the future were these agreed changes … their entirety as undertaken at signature in 2002. While it would seem that China will have extraordinarily open markets for …
Persistent link: https://www.econbiz.de/10012468551
China's rapid rise in the global economy following its 2001 WTO entry has raised questions about its economic impact on … Chinese entry into the U.S. export market. We find that at least two-thirds of the China WTO effect on the U.S. price index of … the rest of the world. In this paper, we focus on the U.S. market and potential consumer benefits. We find that the China …
Persistent link: https://www.econbiz.de/10012455194
, financial reforms that ended decades of financial repression, and a massive privatization program. We investigate the role …
Persistent link: https://www.econbiz.de/10012472294
We study the impact of state-owned enterprises (SOEs) on the quality of entrepreneurship in China. Using long series of …
Persistent link: https://www.econbiz.de/10014372457
The majority of state-owned enterprises (SOEs) in China were privatized through ownership reforms over the last two … decades. Using a comprehensive dataset of all medium and large enterprises in China between 1998 and 2013, we show that … there are clear improvements in performance post-privatization. The tiger can change its stripes; however, the government …
Persistent link: https://www.econbiz.de/10012479431
We use administrative registration records with information on the owners of all Chinese firms to document the importance of "connected" investors, defined as state-owned firms or private owners with equity ties with state-owned firms, in the businesses of private owners. We document a hierarchy...
Persistent link: https://www.econbiz.de/10012482389