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The Structural Transformation of Innovation
Comin, Diego; Lashkari, Danial; Mestieri, Martí - National Bureau of Economic Research - 2025
We document the structural transformation of innovation using historical patent data since the 1850s, along with R&D expenditure and TFP growth for the post-war period. Over time, innovation has shifted from agricultural sectors to manufacturing, and, more recently, to services. We develop and...
Persistent link: https://www.econbiz.de/10015409886
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Intellectual Property Rights Protection, Ownership, and Innovation : Evidence from China
Fang, Lily - 2016
in China in the years around the privatizations of state-owned enterprises (SOEs). Innovation increases after SOE …
Persistent link: https://www.econbiz.de/10012455995
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Anti-Corruption Reforms and Shareholder Valuations : Event Study Evidence from China
Lin, Chen - 2016
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
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Grasp the Large, Let Go of the Small : The Transformation of the State Sector in China
Hsieh, Chang-Tai - 2015
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
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State Capitalism vs. Private Enterprise
Ljungqvist, Alexander - 2015
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
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Is There Evidence of a Real Estate Collateral Channel Effect on Listed Firm Investment in China?
Wu, Jing - 2013
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
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Ownership Characteristics, Real Exchange Rate Movements and Labor Market Adjustment in China
Mao, Risheng - 2011
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
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Dynamic Labor Demand in China : Public and Private Objectives
Cooper, Russell - 2010
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
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The Chinese Corporate Savings Puzzle : A Firm-level Cross-country Perspective
Bayoumi, Tamim - 2010
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
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Model Structure and the Combined Welfare and Trade Effects of China's Trade Related Policies
Dong, Yan - 2009
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