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Special economic zones can be an effective instrument to promote industrialization if implemented properly in the right context. In China, starting in the 1980s, special economic zones were used as a testing ground for the country's transition from a planned to a market economy, and they are a...
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's performance. We use the IT industry as an example and ROA (return on assets) as the index of firm performance. The VARCOMP … procedure is used to divide the sources of firm performance. The findings show that the firm factor dominates the others. The …
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