In recent times, the People's Republic of China (PRC) has faced significant challenges in terms of managing its environment and moving forward with the concept of sustainable economic development. The environmental challenges concern the increasing consumption of fossil fuel energy, which has...

This paper estimates the effect of institutions on economic performance using cross-city data from China. We argue that China's ongoing reforms are part of a long and circuitous historical transition from antiquity to modernity, which started about 150 years ago. Learning from Western countries...