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"This paper explores endogenous institution formation under a catching-up strategy in developing countries. Since the catching-up strategy is normally against the compartive advantages of the developing countries, it can not be implemented through laissez-faire market mechanisms, and a...
Persistent link: https://www.econbiz.de/10010520965
This paper explores endogenous institution formation under a catching-up strategy in developing countries. Since the catching-up strategy is normally against the compartive advantages of the developing countries, it can not be implemented through laissez-faire market mechanisms, and a government...
Persistent link: https://www.econbiz.de/10012552230
sustained growth in the People's Republic of China (PRC) in the long run. We argue that the PRC has the potential to sustain …
Persistent link: https://www.econbiz.de/10011255218
agricultural rationing, we first check if the model stands up to China's data from 1949-1992, we find that the importance of … consumption is also less than that of investment. Such findings are consistent with the reality of China. …
Persistent link: https://www.econbiz.de/10009363296
The Peoples Republic of China (PRC) has emerged as a major player in the global economy and considers free trade …
Persistent link: https://www.econbiz.de/10009363454
as Japan, newly industrialized economies (NIEs) in East Asia, and recently the People's Republic of China (PRC) and Viet …
Persistent link: https://www.econbiz.de/10009363499
Deflationary expansion has puzzled economists both in and outside China. We study this business cycles phenomenon … variables. The high steady state of growth could be explained by the current institutional environment of China. …
Persistent link: https://www.econbiz.de/10009363924
At the beginning of transition from the socialist planning economy to a market economy, China did not have a modern … economics profession and the contribution of modern economics to China's transition was little. However, there has been …, the China Center for Economic Research (CCER) at Peking University was built in 1994 with the initial supports and …
Persistent link: https://www.econbiz.de/10009365225
Since the economic reforms began in 1978, China has achieved remarkable economic results. Real GDP per capita grew at …
Persistent link: https://www.econbiz.de/10009365269
China¡¯s role in the East Asian economic development has grown increasingly important since China becomes a rapidly … growing market for other regional economies. China¡¯s participation is essential to the progress of the East Asian economic … of three FTAs of China-ASEAN, Japan-ASEAN, and Korea-ASEAN, the combination of which are likely to serve the modality of …
Persistent link: https://www.econbiz.de/10009351267