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rationing, we first check if the model stands up to China's data and, if so, we estimate its key structural parameters. Using … province-level panel data from 1949-1992, we find that the importance of peasants in China's governmental objective function is … accumulation. Such findings are consistent the reality in China. …
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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...
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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...
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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 government...
Persistent link: https://www.econbiz.de/10012552230