Li, Wei; Mengistae, Taye; Xu, Lixin Colin - 2012
Although it had a a lower income level than India in 1980, China's 2006 per capita gross domestic product stands more … than twice that of India's. This paper investigates the role of the business environment in explaining China's productivity …, and more labor-hiring flexibility than India, but a worse access to finance and higher regulatory burden. Infrastructure …