Li, Hong; Liu, Zinan; Rebelo, Ivonia - In: Economic Change and Restructuring 31 (1998) 2, pp. 117-132
There has been renewed empirical work recently on testing the neoclassical model of economic growth using data on various groups of countries. But none of the cross-country regressions includes China, the largest developing economy in the world. This study utilises both cross-sectional and panel...