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The Pearl River Delta, one of the main regions of China's export-oriented economy, has benefited from its traditional economic structure for three decades which in turn appeared to hinder further economic development recently. To advance industrial restructuring and upgrading, the governments...
Persistent link: https://www.econbiz.de/10011985718
This paper investigates the impact of governance quality on economic growth in China. After developing a theoretical framework for the effect of governance quality on local economic growth, this article studies the panel data in provincial regions over the period 2001-2015 by constructing a new...
Persistent link: https://www.econbiz.de/10012009869
This paper studies the impact government expenditure has on inflation by examining an augmented Phillips curve implied from a structural New Keynesian model, Our estimation results, based on external instruments, show that the augmented Phillips curve has a flatter slope than the canonical...
Persistent link: https://www.econbiz.de/10014544605