A behavioral political economy framework is built on the basis of prospect theory to explain the induced and imposed institutional changes during China's market reform, giving special attention to the integrated effects of economic and political institutions. According to prospect theory, how...

A dynamic computable general equilibrium model is developed to assess the impact of the recent global recession and the Chinese government's stimulus package on China's economic growth. By designing two scenarios – one with and one without the stimulus package – the model results show that...

Recently, Foreign Invested Enterprises (FIEs) in China have increased their investment in not only production activity but also R&D activity. This paper examines the impact of spillovers from such activities by FIEs on two types of innovations by Chinese domestic firms: Total Factor Productivity...

This paper seeks new insight into the reasons for persistent hardship in some Chinese rural households from the perspective of assets, stressing the long-run implications of shocks and risk on households' agricultural asset holdings. Households show a tendency to hold onto substantial savings to...

We introduce new provincial level panel data on human capital in China from 1985 to 2010. Our estimation of human capital is based on the Jorgenson–Fraumeni lifetime income approach modified to fit the Chinese data, thereby allowing a more comprehensive measurement of human capital than...

This paper examines sectoral contributions to discrepancies between China's national aggregate statistical values and the sum of provincial figures. In institutional terms, the paper then explores the sources of principally sectoral discrepancies. We find that the industrial sector has been the...

Industrial competitiveness (IC) is a country's ability to produce and export manufactured goods competitively. How does foreign direct investment (FDI) affect IC in China? The significance of the topic, besides the intrinsic importance of IC, is heightened by outstanding performance of the...

Despite growing wealth and a strengthening commitment from the government to provide quality education, a significant share of students across rural China still have inadequate access to micronutrient-rich regular diets. Such poor diets can lead to nutritional problems, such as iron-deficiency...

Monthly economic indicators are used for a variety of purposes, from studying business cycles to determining economic policy and making informed business decisions. China's published monthly industrial output statistics could hardly be more confusing, with changes in variables, in coverage, in...

This paper examines the impact of entrepreneurship on economic growth by using a panel data set of 29 provinces in China over 20years. Two indicators of entrepreneurship are defined and introduced into the traditional growth regression framework that is estimated using the system generalized...