Current explanations for private consumption's diminished role in China focus on the expansion of exports and investments. Using structural path analysis, we find additional contributing factors. First, growth patterns during 1997-2007 favoured sectors with low production multipliers. Secondly,...

China’s oil sector has been dominated by three large state-owned oil companies in charge of developing the country’s domestic reserves, building and operating pipelines, managing China’s increasingly sophisticated downstream, and filling its strategic petroleum reserves (SPR). Over the...

Is there a relationship between a region's industrial structure and employment growth? Wolfgang Dauth pursues this question in three self-contained studies. These studies each examine a different aspect of this topic and form the three main chapters of this book. Chapter 2 ('Agglomeration and...