China from the extraordinary into the mundane. Systematic understatement of inflation by enterprises accounts for 2 …

In China, local governments have actively contributed to the growth of new firms. In Russia, local governments have … question then is why this has not happened in China. We argue that the answer lies in the degree of political centralization … present in China, but not in Russia. Transition in China has taken place under the tight control of the communist party. As a …

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 …

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

computerizing VAT invoices on tax revenues and firm behavior in China, 1998-2007. We find that computerization explains 14.38% of …

Motivated by growing concerns about the risks and instability of China's financial system, this article reviews several … commonly perceived financial risks and discusses their roots in China's politico-economic institutions. We emphasize the need … to evaluate these risks within China's unique economic and financial systems, in which the state and non-state sectors …

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 …