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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
Broadly speaking, two schools of thought have emerged to interpret China's rapid growth since 1978:the experimentalist … school and the convergence school. The experimentalist school attributes China's successes to the evolutionary, experimental …, and incremental nature of China's reforms. Specifically, the resulting non-capitalist institutions are said to be …
Persistent link: https://www.econbiz.de/10012472889
in China in the years around the privatizations of state-owned enterprises (SOEs). Innovation increases after SOE …
Persistent link: https://www.econbiz.de/10012455995
Consistent with reduced expected corruption adding value overall, Chinese shares rise sharply on the December 4th 2012 launch of major anti-corruption reforms, which started by curtailing extravagant spending by or for Party cadres. SOEs gain broadly, consistent with the reform cutting their top...
Persistent link: https://www.econbiz.de/10012456672
We study the efficiency of capital allocations at state-controlled and privately owned business groups in China. Using …
Persistent link: https://www.econbiz.de/10012457736
reason for this stark difference appears to be that some of the most dominant firms in China are state-owned enterprises …
Persistent link: https://www.econbiz.de/10012459899
This paper uses a firm level multi-industry data set covering 456 Chinese manufacturing sectors to assess the implications of Renminbi (RMB) real exchange rate appreciation for adjustments in employment and wage rates. We stress differences in both industry and firm characteristics within...
Persistent link: https://www.econbiz.de/10012461093
This paper studies dynamic labor demand by private and public manufacturing plants in China. It contributes along two …
Persistent link: https://www.econbiz.de/10012462159
China's high corporate savings rate is commonly claimed to be a key driver for the country's large current account …
Persistent link: https://www.econbiz.de/10012462224
Because China's economic structure is different from that in OECD countries, using conventional neo … fully representative of modern China, but it does go some way beyond simple competitive models used elsewhere and points to … exchange rate have more impact on China's welfare than tariff liberalization. Policies of RMB appreciation and increasing China …
Persistent link: https://www.econbiz.de/10012463287