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China has shifted control over resources and decision making to local governments and enterprises as the result of the … background, this paper discusses a variety of tactics that China's central government has been using to incentivize local … ; Industrial Policy ; Financial Institutions ; Government Decentralization ; China …
Persistent link: https://www.econbiz.de/10008858137
Persistent link: https://www.econbiz.de/10010517990
China's rampant environmental pollution problems and rising greenhouse gas emissions and the resulting climate change … are undermining its long-term economic growth. China, from its own perspective cannot afford to and, from an international … sparked China's determination to improve energy efficiency and cut pollutants, and to increase the use of clean energy in …
Persistent link: https://www.econbiz.de/10010203427
China has gradually recognized that the conventional path of encouraging economic growth at the expense of the … environment cannot be sustained. It has to be changed. This article focuses on China's efforts towards energy conservation and …
Persistent link: https://www.econbiz.de/10010373791
Persistent link: https://www.econbiz.de/10011507221
China is undergoing its long-awaited industrial revolution. There is no shortage of commentary and opinion on this … fundamental mechanisms behind China's rapid industrialization. This article reviews the New Stage Theory of economic development …, despite sharp differences in political and institutional conditions. One of the key conclusions exemplified by China …
Persistent link: https://www.econbiz.de/10011539803
Persistent link: https://www.econbiz.de/10011296220
With rapid industrial upgrading along the global value chain of manufactured goods, China has transformed, within one … the world. This article identifies the pattern of China's industrial upgrading and compares it with those of other … successfully industrialized economies and the failed ones. We find that (i) China (since 1978) followed essentially the same path …
Persistent link: https://www.econbiz.de/10011782896
down on research and development (R&D) spending and STEM-oriented human capital. In this paper, we assess China's progress … research and patents. We then evaluate how China has fared with respect to the ultimate goal of commercialising this progress … bottlenecks that might be hindering the translation of China's innovation efforts into productivity growth. …
Persistent link: https://www.econbiz.de/10014316223
China is often credited with a successful application of industrial policy. One important particularity of China … valid comparisons, our analysis of how China conducts industrial policy in a variety of sectors points to success in some … sectors but not all. More importantly, productivity growth in China has already been declining for two decades. Given the very …
Persistent link: https://www.econbiz.de/10014529483