China has achieved impressive growth over the last three decades. However, there has been debate over the sources of … quantifying their contributions to growth. In this paper, we develop a three-sector dynamic model to quantify the sources of China … continues to absorb more than half of all fixed investment. If capital had been allocated efficiently, China could have achieved …

We see industrialization in China the last 150 years as an ongoing process through which firms acquired and deepened … seriously limit benefits. For a latecomer like China, modern industry initially finds its most success in more labor …-intensive products and processes. China's experience shows that government can both support and obstruct this process. Our review of long …

We see industrialization in China the last 150 years as an ongoing process through which firms acquired and deepened … seriously limit benefits. For a latecomer like China, modern industry initially finds its most success in more labor …-intensive products and processes. China's experience shows that government can both support and obstruct this process.Our review of long …

China's manufacturing sector has been a key source of the economy's dynamism. Analysis after 2007 however is hampered … annual survey of firms conducted by China's State Taxation Administration (STA) provides a reliable, alternative source of … known, the data cannot be used directly to draw inferences on China's manufacturing sector. By comparing the joint …