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Since Chinese government initiated economic reform in the late 1970s, entrepreneurship and private sectors have emerged … gradually and played an increasingly important role in promoting economic growth. However, entrepreneurship is distributed … of entrepreneurship for both manufacturing and services. For both sectors, entrepreneurship (measured by new private …
Persistent link: https://www.econbiz.de/10012945239
Using the 2017 China Household Finance Survey (CHFS), we estimate the effect of higher education on entrepreneurship … education are less likely to enter entrepreneurship in general, obtaining any qualification beyond the baseline of compulsory …
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We analyze shifts in the structure of China's capital outflows over the past decade. The composition of gross outflows has shifted from accumulation of foreign exchange reserves by the central bank to nonofficial outflows. Unlocking the enormous pool of domestic savings could have a significant...
Persistent link: https://www.econbiz.de/10012840445
The paper focuses on China’s economic integration with Asia region and the world. It also attempts to find the long run relation with short run dynamics of China’s trade in Asia and the world. The augmented Dicky-Fuller (ADF) and Phillips-Perron (PP) methods are applied to test the...
Persistent link: https://www.econbiz.de/10011271304
As one of the numerous merits brought by global financial integration, foreign direct investment (FDI) plays an indispensable role in fostering economic growth in the developing world. Different from previous literatures which concentrate on discussing the FDI productivity spillover effect, the...
Persistent link: https://www.econbiz.de/10011260217
China's remarkable run of persistently high growth in recent decades is all the more stunning in light of the country's low levels of financial and institutional development, state-dominated economy, and nondemocratic government. Notwithstanding the inefficient and risky growth model, the...
Persistent link: https://www.econbiz.de/10014354664
Due to its dimensions and global scope the automotive industry is often a subject of debate when investment promotion policies, insertion strategies for productive chains, and mechanisms of technology transfer are being discussed. The automotive industry combines three important elements: (i) it...
Persistent link: https://www.econbiz.de/10005623384