, governments face a trade-off: they are tempted to restrict pesticide use compared to under autarky because domestic consumption …

farming is shown to depend on the prices of pesticide and grain. It is either optimal to use no pesticide or a moderate amount … of pesticide or to apply a chattering control. Pest eradication is never optimal. On the other hand, if the farmer takes … pesticide depending on prices as well as on the shape of the grain production function which is determined by micro parameters …

) calculates long-run provincial (and national) physical capital series for China, (ii) distinguishes between capital services and …

Investment statistics of the People's Republic of China are a source of many puzzles. Some investment data are of … dubious quality, while the particular concepts of investment and their changing definitions over time are often poorly … understood. Fixed asset investment, a remnant of the planned economy, comes with severe limitations in terms of data coverage and …

The investment-intensive growth model of the People's Republic of China (PRC) is often viewed as state-driven and … ultimately unsustainable. But largely unnoticed, a shift has taken place. This paper examines the changes in investment patterns … since 2003 and the potential impact of industrial policies on these patterns. The point of view is macroeconomic, based on …

expenditures. This paper documents the role of investment in driving economic growth in China, questions how much longer China can … reduction in investment. It also notes that investment in China remains broad-based across all economic sectors, with little … same time, the relative size of foreign investment in China has become negligible and the China growth story thus has …

deduction for qualified angel and VC investment in China as a quasi-natural experiment. We find that the tax incentive increases … substitution between eligible and non-eligible investments. There is no evidence that the tax incentive lowers investment quality …

This paper analyses the impact of exchange rate uncertainty upon the pattern of investment in different exchange rate … exchange rate regimes indicates that currency volatility exerts only a small influence upon the level of investment spending …