McGoldrick, Peter; Walsh, Patrick Paul - 2004
of China. In this paper we estimate the effect of deep reform (the right to hire and fire labour, buy and sell capital … and Pakes (1996), which corrects for simultaneity bias. Furthermore, we allow selection to reform to be endogenous, and … correct for this selection bias by formulating an entry rule to reform similar to the Olley and Pakes (1996) exit rule. We …