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Consumers have increasing demands for product standards. This has important implications for development. While there has been increasing attention to empirical work in this area, it is often grounded in a poor conceptual base. To overcome this shortcoming, this paper develops a formal theory of...
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China, like other middle income countries, is facing the challenges of the next stage of development as its leaders … China is facing in the transition from middle to high income: the management of inequality. In particular, we explore the … of its population. To meet this goal, we describe two challenges that China faces in the light of rising wage rates and …
Persistent link: https://www.econbiz.de/10012960681
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Gradual change has been a hallmark of the Chinese reform experience, and China's success in its sequential approach … Chinese economy has flourished. Growth has averaged nine percent a year, and China is now a trillion dollar economy. China has … this, China remains poor and the reform process unfinished. This book takes its defining theme from Deng Xiaopeng's famous …
Persistent link: https://www.econbiz.de/10014477972
Using rural household panel data from three Chinese provinces, this paper identifies determinants of long-term poverty and tests the duration dependence on the probability to leave poverty. Special emphasis is given to the selection of the poverty line and inter-regional differences across...
Persistent link: https://www.econbiz.de/10011588447
Using trimonthly Chinese provincial grain prices from 1988 to 1995, we estimate a parity-bounds model of interregional trade for four subperiods to characterize how multiple aspects of market performance change during the process of economic transition. For each period, we estimate the extent to...
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