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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 …
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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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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...
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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 number of private enterprises in China has grown rapidly, and donations from them are an important source of philanthropy in China today. This paper investigates donations given in 2011 by private enterprises using a survey of data covering all 31 provincial-level units of China. The data...
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