Hu, Angang; Lu, Jie; Xiao, Zhengyan - In: Annals of Economics and Finance 12 (2011) 1, pp. 157-181
In this study we use both the structural break model and duration dependent transition model to study the characteristics of China's GDP growth from 1953 to 2009. The empirical results show that China's economic growth had become more stable since the economic reform in the end of the 1970s, and...
