- can significantly affect the efficacy of industrial policy. We investigate this idea in the context of China's largest pro …

subsidies provided to China's publicly traded firms. We categorize subsidies into different types. We then estimate total … suggest that China's increasingly prescriptive industrial policies may have generated limited effects in promoting …

human capital to China's economic growth. The results indicate that human capital plays a much more important role in China … enrollment in China increased nearly fivefold between 1997 and 2007) while growth rates of GDP are little changed over the period … that there have been decreased in the efficiency of inputs usage in China or worsened misallocation of physical and human …

China during the four decades between 2000 and 2040. The first concerns the source of the factors which make it likely that … China will continue to grow at a high rate for another generation. The paper argues that this growth will be the result of …

spectacular advances of the economies of China, India, and Southeast Asia. Section 1 reviews the debate over the sources of … the new recognition among Western economists that the sustained, very rapid growth in China and Southeast Asia was …

. While the substantial presence of FIEs has contributed greatly to the recent export-led growth of China, an important …

competitive devaluations. The sheer size of China, and its lower sterilization costs suggests that China may be the winner of a … and precautionary motives in the context of China may be challenged by a version of the "peso problem." Hoarding …