threats, corruption, and other relevant controls. While growth falls with higher levels of military spending, given the values …

transaction difficulties. But, such environments often also feature highly interventionist government, and even corruption … political rent seeking is substantial, firm value might rise as economy performance decays. China offers a suitable background …

distribution of R&D and TFP growth in China during the period 2007--2012. The estimated model fits the Chinese data well. We …

and widely taking place in China, it is much less known whether and to what extent privatization has improved resource …

Concerns about the quality of China's official GDP statistics have been a perennial question in understanding its …

relatively favorable demographic pattern in combination with market-oriented reforms and openness to the world economy, China is …, we assess the likelihood that China can make the necessary transition. Using data on expenditure on research and …

substantially shift towards Asia and especially towards the Asian Giants, China and India. While such forecasts may pan out, there … are substantial reasons that China and India may grow much less rapidly than is currently anticipated. Most importantly … discontinuities account for a large fraction of the variation in growth rates. We suggest that salient characteristics of China …

US, China, and India reveals substantial losses in productivity and output due to the informational friction. Our … estimates for these losses range from 7-10% for productivity and 10-14% for output in China and India, and are smaller, though …

confirmation of this aspect of natural resources. Waste and corruption from oil rather than Dutch disease has been responsible for … distributing the oil revenues to the public. Even with all the difficulties of corruption and inefficiency that will no doubt …

We build an endogenous growth model to analyze the relationships between taxation, corruption, and economic growth … infrastructure. Political corruption governs the efficiency with which tax revenues are translated into infrastructure. The model … predicts an inverted-U relationship between taxation and growth, with corruption reducing the optimal taxation level. We find …