, with the initiation of the 'Strategic Emerging Industries' program. China's state-dominated banking system is seen as … corporate sector and GDP growth in China, (2) this relationship is non-linear in terms of Chinese regions and credit …

China's rise has been the economic success story of the past four decades but economic growth has been slowing and … domestic imbalances have widened. This paper analyses the recent evolution of China's imbalances, the risks they pose to the … economic outlook and the potential impact of a transition to sustainable growth in China on the global and euro area economies …

The investment-intensive growth model of the People's Republic of China (PRC) is often viewed as state-driven and …

The investment-intensive growth model of the People’s Republic of China (PRC) is often viewed as state-driven and …

For the past nearly forty years, China has experienced average annual real GDP growth of close to ten percent, much of … expenditures. This paper documents the role of investment in driving economic growth in China, questions how much longer China can … reduction in investment. It also notes that investment in China remains broad-based across all economic sectors, with little …

This paper uses the standard one-sector neoclassical growth model to investigate why China's consumption has been low … one form or the other, these distortions have implied significant transfers from households to firms. If China is to …

governance and economic growth at the provincial level in China during the reform era. I find a significant and positive effect … not been a key factor in China's rapid growth, and support the proposition that governance reforms are often a consequence …

) calculates long-run provincial (and national) physical capital series for China, (ii) distinguishes between capital services and …